Provisions of moratorium shouldn’t apply to transactions which might be notified by Central Government

Authum Investment & Infrastructure Limited Vs Mohanbir Hi-Tech Build Private Limited (NCLT Delhi) Conclusion: Provisions of moratorium should not apply to transactions which might be notified by the Central Government and the supply of the essential goods or services to the Corporate Debtor as may be specified, were not to be terminated or suspended or interrupted during the moratorium period. In addition, the provisions of moratorium should not apply to the surety in a contract of guarantee to the corporate debtor in terms of Section 14 (3) (b) of the Code. Held: In the instant case, Fina...