Summary: This blog analyses a recent BHC judgment that delineates the contours of the interim moratorium under Section 96 of the IBC vis-à-vis the initiation/ continuation of a prosecution under Sections 138 read with 141 of the NI Act against the directors of a company.
Continue Reading No Shield For Directors? BHC Analyses The Applicability Of The Moratorium Under Sections 96 And 101 Of The IBC To Prosecutions Under Section 138 Of The NI Act