Insolvency Plea u/s 95 filed during Interim Moratorium was void ab initio even after case was withdrawn

Sushant Chhabra Vs Catalyst Trusteeship Ltd. & Anr. (NCLAT Delhi) Conclusion: Insolvency plea was quashed as insolvency applications filed during the subsistence of an interim moratorium were void ab initio even if the original proceedings were later withdrawn. Held: Personal Guarantors of the Corporate Debtor, M/s UM Autocomp Pvt. Ltd. (now UM Automotive Pvt. Ltd.), challenged the order dated 17.02.2026 passed by the NCLT admitting applications under Section 95 of the Insolvency and Bankruptcy Code, 2016 (IBC) filed by Catalyst Trusteeship Ltd. The financial creditor, Catalyst Trusteeship...