The Chennai bench of the National Company Law Appellate Tribunal( NCLAT ) held that the Suspension of Corporate Insolvency Resolution Process (CIRP) under section 10A of The Insolvency And Bankruptcy Code, 2016 (IBC) applies to due default on 31/3/2020. Carissa Investments, the appellant Challenged the impugned order passed by the Adjudicating Authority which was filed…
