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Order of District Consumer Commissioner after imposition of moratorium u/s. 14 of IBC is not maintainable
Case Law Details
- Case Name
- SREI Equipment Finance Limited Vs Rajesh Bajirao Khandewar (Bombay High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Bombay High Court
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SREI Equipment Finance Limited Vs Rajesh Bajirao Khandewar (Bombay High Court)
Bombay High Court held that order of District Consumer Dispute Redressal Commission passed after imposition of moratorium u/s. 14 of Insolvency and Bankruptcy Code cannot have binding effect of the company. Accordingly, petition is allowed.
Facts- The petitioner is a Company registered under the Companies Act. The application for initiation of insolvency resolution process was admitted and moratorium u/s. 14 of the Insolvency and Bankruptcy Code came to be imposed. The resolution plan of the petiti...
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