Shiv Shakti Sanchar Pvt. Ltd. v. M/S Supertech Ltd.
Case brief
What is this about?
The High Court of Delhi disposed of the petition for appointment of a sole arbitrator. It held that proceedings are stayed due to the moratorium under Insolvency and Bankruptcy Code but granted liberty to revive the petition once the moratorium is lifted.
What did the court decide?
Petition disposed of with liberty to revive the petition once the moratorium under Section 14 IBC is lifted; liberty to approach the IRP.