Wednesday, March 12, 2025

MORATORIUM PERIOD AFTER 180 DAYS AS PER IBC ACT

Case Name : Anil Kumar Vs Mukund Choudhary (NCLAT Delhi)

Appeal Number : Company Appeal (AT) (Insolvency) No. 38 of 2025

Date of Judgement/Order : 22/01/2025

NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period cannot be extended beyond 180 days. 

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