Do’s & Don’ts for IPs During Moratorium under IBC
Moratorium under Insolvency and Bankruptcy Code (IBC), 2016 The moratorium is a key feature of IBC, ensuring the Corporate Debtor’s assets remain protected during CIRP, thereby maximizing resolution opportunities. It balances creditors’ rights with the debtor’s need for restructuring, preventing disruptive enforcement actions. The moratorium is a temporary suspension of legal proceedings and enforcement actions …