Moratorium-Section 14 Vs. Section 96 – IBC Laws

ibc 138Proceedings under Section 138 of the Negotiable Instruments Act, 1881 for dishonor of cheque cannot continue against a corporate debtor when an order ofIBC Section 138-Discharge order. (1) The bankruptcy trustee shall apply to the Adjudicating Authority for a discharge order— (a) on the expiry of one year from