CIRP Moratorium Period u/s 14 of IBC excluded from limitation period for Filing Application u/s 34 of Arbitration Act: Calcutta HC [Read Order]
The petitioner's application under Section 34 of the Arbitration and Conciliation Act, 1996, is barred by limitation, having been filed well beyond the permissible period
In a recent judgment, the Calcutta High Court ruled that the moratorium period under Section 14 of the Insolvency and Bankruptcy Code ( IBC ) during the Corporate Insolvency Resolution Process ( CIRP ) is excluded from the limitation period for filing an application under Section 34 of the Arbitration and Conciliation Act, 1996. The…
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