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II. Brief about the decision. The question arises for consideration in this appeal is whether the order of moratorium will cover a criminal proceeding under Section 138 of NI Act, which provides punishment of imprisonment for a term which may extend to three years or with fine which may extend to twice the amount of cheque. Jai Anant Dehadrai is an Advocate based in. Pentol77. New Delhi and Arnav Sinha is an Associate at Dehadrai and Company, New Delhi The Supreme Court in its recent and landmark decision of P. Mohanraj v. Shah Brothers Ispat Pvt. Ltd., has put to rest the debate as to whether criminal proceedings under section, IBC138 Medium ibc138.medium.comIBC138 Medium.
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A-ibc138.comIbc138 member baru sudah pasti wede terus, garansi saldo, Oct 12, 2023 · The dishonour of a cheque invites quasi-criminal proceedings under Section 138 of the Negotiable Instruments Act, 1881 1 (NI Act) against the drawee. However, in matters that attract such proceedings against default committed by a corporate person i.e. a company, undergoing insolvency, the law. Naga123. has been made certain and express by the Supreme Court in P. Mohanraj.
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Link Slot Olympus Deposit Dana dan Qris Paling Sultan Sepanjang Masa, Proses deposit dan withdraw paling cepat. Layanan 24 Jam Penuh, SC rules Moratorium u/s 14 of IBC covers proceedings. Court s tryst to unburden their shoulders in the cases of Section 138 of NI Act: ADR as the way forward Anand Shankar Second Year, B.A., LL.B. (Hons.), National Law University, Jodhpur Introduction The connecting procedural aspects relating to the provisions related to the punishment of Dishonor of Cheque under Sections. This article is written by Miheer Jain pursuing Certificate Course in Advanced Civil Litigation from LawSikho. Introduction In India, a moratorium is found under Section 14 of the Insolvency and Bankruptcy Code, 2016. The moratorium s goals include preserving the corporate debtor s assets intact during the CIRP and enabling the smooth completion of the CIRP and its operations, Codes.iccsafe.org · content · IBC2018Chapter 18 Soils and Foundations.
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