Case Law Details
Case Name : Elecon Engineering Company Limited Vs Energo Engineering Projects (Delhi High Court)
Appeal Number : CS (COMM) 151/2017
Date of Judgement/Order : 13/09/2022
Related Assessment Year :
Courts :
All High Courts Delhi High Court
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Elecon Engineering Company Limited Vs Energo Engineering Projects (Delhi High Court)
There is no absolute bar against a lawsuit or legal proceedings continuing concurrently with the liquidation proceedings under Section 33(5) of the IBC (Liquidation Moratorium), unlike Section 14 of the IBC (CIRP Moratorium).
Facts of the Case:
The case was filed seeking relief of permanent injunction restraining the defendant no. 1 comp
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