The High Court of Delhi dismissed an arbitration petition as the NCLT had admitted a Section 7 insolvency application, triggering the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016.
Petition disposed with liberty to approach NCLT with requisite application in accordance with law.
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ASHOK KUMAR JAIN & ORS. ..... Petitioner Through: Mr. Danier George, Advocate.
versus
MSX MALL PVT. LTD. ..... Respondent Through: Mr. Deva Vrat Anand, Advocate.
CORAM: HON'BLE MR. JUSTICE RAJIV SHAKDHER
O R D E R % 11.12.2018
2.1 Mr. Deva Vrat Anand says that he is representing the IRP accordingly.
ARB. P. 586/2018
Page 1 of 2
RAJIV SHAKDHER, J DECEMBER 11, 2018 hs ARB. P. 586/2018 Page 2 of 2
Page 2 of 2
1 issue framed by the court
Whether the arbitration petition can proceed when a Section 7 insolvency application is admitted by the NCLT and moratorium under Section 14 is triggered.
2 provisions across 1 enactments
Ashok Kumar Jain & Ors.
MSX Mall Pvt. Ltd.
Rajiv Shakdher
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
