IBC Moratorium Bars Revenue Appeals: ITAT Mumbai

ACIT Vs Nirjala Teleholdings Limited (ITAT Mumbai)

ITAT Mumbai Dismisses Revenue Appeals In Limine: IBC Moratorium Bars Any Proceedings Against Corporate Debtor

In these Revenue appeals, Tribunal noted that Nirjala Teleholdings Ltd had already been admitted into Corporate Insolvency Resolution Process (CIRP) by NCLT, Chennai Bench, vide order dated 13.04.2023 u/s 7 of the IBC. As a consequence, the statutory moratorium u/s 14(1) came into immediate effect, prohibiting the institution, continuation or adjudication of

Please become a Premium member. If you are already a Premium member, login here to access the full content.