IBCArticle·20 July 2026
Calcutta HC Rejects Money Recovery Suit Filed During Section 96 Moratorium
By J the App
Executive Summary
In a significant judgment interpreting Section 96 of the Insolvency and Bankruptcy Code, 2016, the Calcutta High Court held that a creditor cannot institute a fresh recovery suit during the subsistence of the statutory interim moratorium.
Domain | Regulatory | IBC
Background
The respondent had instituted a commerc...
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