Moratorium u/s 14 of IBC not Bar to Execute Decree against Directors/Officers of Corporate Debtor: SC [Read Judgement]
Moratorium u/s 14 of IBC not Bar to Execute Decree against Directors/Officers of Corporate Debtor, rules SC
By Kalyani B. Nair - On April 18, 2024 10:38 am - 2 mins read
The Supreme Court of India in a recent decision ruled that the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 ( IBC ) is not bar to execute a decree against directors/officers of corporate debtor. By the impugned orders, the National Commission held that the decree cannot be executed against the company…
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