Moratorium under I&B Code to include proceedings of cheque dishonor & Section 34 of Arbitration Act

The Supreme Court of India in P Mohanraj and others vs. M/s Shah Brothers Ispat Ltd[1] has held that the moratorium under Section 14 of the Insolvency and Bankruptcy Code (the “Code”) also covers proceedings

Shiju P. Veetil, Senior Partner, IndiaLaw LLP quoted on The Economic Times Today

Shiju P. Veetil, Senior Partner, IndiaLaw LLP quoted on The Hindu BL Today

Shiju P. Veetil, Senior Partner, IndiaLaw LLP quoted on Economic Times Today

INDIALAW LLP IN NEWS (THE ECONOMIC TIMES– MUMBAI EDITION , 18 SEPTEMBER 2020)

THE PRINCIPLE OF “AS IS WHERE IS” AND “AS IS WHAT IS BASIS” IN RELATION TO SECURED ASSETS PURCHASED IN PUBLIC AUCTION UNDER SARFAESI ACT,2002

INTRODUCTION As the Legal frame work and mechanism for curtailing and controlling mounting Non- Performing Assets (“NPA”) has become inadequate and outdated which resulted in tardy recovery of defaulting loans by the Financial Institutions arising