Properties sold In Auction Sale Before Declaration of Moratorium not Liquidation Asset under IBC: SC [Read Judgement]
In a significant ruling the Supreme Court of India ruled that the properties sold in auction sale before declaration of moratorium not liquidation...
![Moratorium ceases to exist once proceedings under IBC culminates: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Moratorium-IBC-Delhi-HC-taxscan.jpg "Moratorium ceases to exist once proceedings under IBC culminates: Delhi HC [Read Order]")
![Moratorium under IBC applies to Corporate Debtor Only: Supreme Court upholds NI Act Proceedings against Company Director [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/05/Moratorium-Corporate-Debtor-Supreme-Court-NI-Act-Proceedings-Company-Director-taxscan.jpeg "Moratorium under IBC applies to Corporate Debtor Only: Supreme Court upholds NI Act Proceedings against Company Director [Read Judgment]")
![Insolvency Resolution Process cannot be maintained against the legal heirs of the Personal Guarantor: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Insolvency-Resolution-Process-maintained-legal-heirs-Personal-Guarantor-NCLT-Taxscan.jpg "Insolvency Resolution Process cannot be maintained against the legal heirs of the Personal Guarantor: NCLT [Read Order]")
![Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Imposition-Of-Moratorium-IBC-bars-proceeding-Negotiable-Instruments-Act-Madras-High-Court-Taxscan.jpeg "Imposition of Moratorium under IBC bars initiation of proceeding under Section 138/141 of Negotiable Instruments Act: Madras HC [Read Order]")
NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]
The Delhi Bench of National Company Law Appellate Tribunal (NCLAT) has directed the ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under Prevention of Money...
![NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/NCLAT-Corporate-Debtor-Competent-Forum-Appeal-PMLA-Taxscan.jpg "NCLAT directs ‘Corporate Debtor’ to approach the ‘Competent Forum’ by pursuing its remedy in Appeal under PMLA [Read Order]")
Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]
The Supreme Court ruled that the moratorium ordered under the Insolvency and Bankruptcy Code (IBC) is not applicable on Proceedings in respect of Directors or Management Of Corporate Debtors. The...
![Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/09/Moratorium-IBC-Management-of-Corporate-Debtor-Supreme-Court-Taxscan.jpg "Moratorium Ordered under IBC not applicable on Proceedings on Directors or Management of Corporate Debtor: Supreme Court [Read Judgment]")
RBI orders Banks to make policy to refund ''interest on interest'' charged during moratorium [Read Circular]
The Reserve Bank of India (RBI) ordered the Banks and NBFCs to immediately make a policy to refund the ''interest on interest'' charged during the moratorium. The Circular was issued by the RBI...
![RBI orders Banks to make policy to refund interest on interest charged during moratorium [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/04/RBI-policy-to-refund-interest-on-interest-moratorium-Taxscan.jpeg "RBI orders Banks to make policy to refund interest on interest charged during moratorium [Read Circular]")
Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]
The Supreme Court has directed that for installments that were due during the loan moratorium period from March 1 to August 31 last year, there should be no charging of compound interest, interest on...
![Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/03/Supreme-Court-Compound-Interest-Penal-Interest-Borrower-Moratorium-Taxscan.jpeg "Supreme Court bars Charging Compound Interest/Penal Interest On Borrower During Moratorium [Read Judgment]")
Moratorium order under Section 14 IBC bars parallel proceedings against Corporate Debtor: SC [Read Judgment]
The Supreme Court ruled that the Moratorium order under Section 14 IBC bars parallel proceedings against Corporate Debtors under Section 138 of Negotiable Instruments Act. The National Company Law...
Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]
The Centre has placed private-sector lender Lakshmi Vilas Bank Ltd. under a moratorium and has restricted withdrawals of more than Rs.25,000 for one month till December 16, 2020. The step was...
![Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/private-sector-lender-Lakshmi-Vilas-Bank-moratorium-withdrawals-Taxscan.jpg "Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]")
Centre agrees relief to distressed Borrowers in the form of Waiver of Compound Interest: Govt. files affidavit before SC
The government has told the Supreme Court that it has decided to waive “interest on interest” on loans of up to Rs. 2 crore during the six-month moratorium period. The petitioner, Gajendra Sharma...
