Moratorium under IBC does not make DRAT powerless to recall appointment of Court Commissioner, Delhi HC

Moratorium under IBC does not make DRAT powerless to recall appointment of Court Commissioner, Delhi HC

The Delhi High Court has held that imposition of moratorium under Section 14 of the Insolvency & Bankruptcy Code, 2016 (IBC) does not take away the Debt Recovery Appellate Tribunal’s (DRAT) power to recall or modify its earlier order on appointment of Court Commissioners against a corporate debtor.

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