Impact of Section 60(6) of the IBC - Exclusion of moratorium period for initiation of proceedings of...

Impact of Section 60(6) of the IBC - Exclusion of moratorium period for initiation of proceedings of suit - Interpreting the statute in the manner which the appellant seeks would result in our denying the benefit of extending the period of limitation to the corporate debtor, a result, which we think, would not be warranted by the clear words used in the statute. - Section 60(6) of the IBC does contemplate exclusion of the entire period during which the moratorium was in force in respect of corpo..... .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X