placed by the
financial creditors. Hence, the application was admitted and a
moratorium was declared.
7. By a separate order dated 23rd January, 2017 passed ... Maharashtra
Act would apply for the reason that the moratorium imposed by the
two notifications under the Maharashtra Act continued in force at the
time
challenge
on allegations of violation of rules of natural justice;
that moratorium under the statutory provisions could not be
beyond six months and in view ... take steps for applying to the Central
Government for an order of moratorium and during the period
of moratorium to propose either reconstruction or
amalgamation
corporate
insolvency resolution process with respect to the company, a moratorium
in terms of Section 14 of the IBC was ordered. Pursuant thereto ... Adjudicating Authority approved such plan as
a result of which, the moratorium order dated 06.06.2017 ceased to have
effect. It may only be added that
Reserve Bank may apply to the Central Government for an order of moratorium in respect of [a banking company] [Substituted ... Reserve Bank under sub-section (1), may make an order of moratorium staying the commencement or continuance of all actions and proceedings against the company
acts of crime. Section 14 of
the Act which deals with Moratorium is referred to in
this regard.
25. Shri A.D.N. Rao, learned
eight years,
inclusive of the implementation period of one year and the moratorium
period.
4. The Corporate Debtor executed various documents including
Demand Promissory Notes ... creditors, in such manner as may be specified.
13. Declaration of moratorium and public announcement.—(1) The
Adjudicating Authority, after admission of the application under
Insolvency and Bankruptcy Code, 2016, which provides for a moratorium
for the limited period mentioned in the Code, on admission of an
insolvency petition, would ... this petition filed under Section 10 was admitted, followed by
the moratorium that is imposed statutorily by Section 14 of the Code.
While the said
appointing an Interim Resolution Professional (i.e. the
Appellant before us). A moratorium in terms of Section 14
was also declared by this order ... after the imposition of the moratorium period
under Section 14 of the Code - MHADA issued a termination
notice to the Corporate Debtor stating that upon
directing
the respondents to permit the lending institutions to
grant interest free moratorium period for Term Loan and
not recovery of interest on Working Capital ... extent it charges interest on the loan amount during the
moratorium period (which has been declared between March 1,
2020 till August 31, 2020). Therefore
dated 17th July 2019, the appellantÂPCI had resolved to put a
moratorium on the opening of new pharmacy colleges for
running Diploma as well ... Vide Resolution/communication dated 9 th September
2019, the aforesaid moratorium was modified, thereby
exempting its application to (i) Government Institutions; (ii)
Institutions in North
