Disposed¶13
Aditya Birla Finance Limited v. Comandur Parthasarthy
Arbitration – statutory moratorium under the Insolvency and Bankruptcy Code, 2016
Bombay HCCARAP/242/2024
Case brief
AI extract
What is this about?
Aditya Birla Finance Limited v. Comandur Parthasarthy; Bombay High Court OOCJ; Commercial Arbitration Application No. 242 of 2024; Somasekhar Sundaresan J.; order dated June 27, 2025; statutory moratorium; Insolvency and Bankruptcy Code 2016; Resolution Professional appointed by NCLT Hyderabad on June 19, 2024; no proceedings can be initiated or continued; adjournment; relisting on November 28, 2025; IBC moratorium stalling arbitration application.
What did the court decide?
Application adjourned (not decided on merits) owing to the statutory moratorium against the Respondent; to be relisted on November 28, 2025 to consider the updated status of the insolvency proceedings. ¶13