TMI BlogTax Recovery Halted by Moratorium u/s 14(1) of Insolvency and Bankruptcy Code, Overriding Income Tax Act Section 226(3.Recovery proceedings - Notice u/s 226(3) - After declaration of Moratorium under Section 14(1) of the Insolvency and Bankruptcy Code, 2016 institution of other proceeding mentioned in Section 14(1) will prohibited. Hence proceeding pursuant to Notice u/s 226(3) become infructuous. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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