Contract Termination not triggered by insolvency is not barred by moratorium u/s. 14 of IBC: NCLAT Delhi

Pradeep Upadhyay Vs Bhadohi Industrial Development Authority (BIDA) (NCLAT Delhi) NCLAT Delhi held that termination of contract not triggered by the insolvency of Corporate Debtor and therefore not barred by moratorium under section 14 of the Insolvency and Bankruptcy Code [IBC]. Accordingly, appeal held as devoid of merit. Facts- The present Appeal has been filed under Section 61 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) against the impugned order dated 06.06.2025 of Hon’ble National Company Law Tribunal. The Appellant seeks to set aside or modify the order dated June 6, ...