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Explanation: Section 14-Moratorium- (1) Subject to provisions of sub-sections (2) and (3), on the insolvency commencement date, the Adjudicating Authority shall by order declare moratorium for prohibiting all of the following, namely:— (a) the institution of suits or continuation of pending suits or proceedings against the corporate debtor including execution of any judgment, decree or order in any court of law, tribunal, arbitration panel or other authority; (b) transferring, encumbering, alienating or disposing of by the corporate debtor any of its assets or any legal right or beneficial interest therein; (c) any action to foreclose, recover or enforce any security interest created by the corporate debtor in respect of its property including any action under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002; (d) the recovery of any property by an owner or lessor where such property is occupied by or in the possession of the corporate debtor.
Which companies cannot make political contributions and under section 182 of the Companies Act?
Leading Questions can be asked during
The auditor may be removed from his office before the expiry of his term only by a _______________ of the company, after obtaining the previous approval...
According to section ________of the Indian Evidence Act 1872,Where any document, purporting or proved to be ______years old, is produced from any custod...
Which Section of CrPC authorizes the public prosecutor to withdraw the prosecution?
Professional communications are covered under which section of the Indian Evidence Act, 1872?
Under which of the following circumstances can a hunting license be issued under the Wildlife (Protection) Act, 1972?
Quid Pro Quo means_____________________
Is there any condition restraining alienation in Transfer of Property Act?
The Appellate Tribunal under the Recovery of Debts and Bankruptcy Act established by the Central Government is known as the ________________________