Moratorium inapplicable to third party goods with corporate debtor: NCLT

The applicability of moratorium over third party assets in possession of the corporate debtor was disputed before the Chandigarh Bench of NCLT. The Bench ruled, in certain types of cases, when such assets are owned by third parties, they will not be struck by the moratorium.

Want to read the full story?

We’re glad you’re enjoying this story. Subscribe to any of our plans to continue reading the story.

Already have an account? Sign In

Related Stories

No stories found.
Bar and Bench - Indian Legal news