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Indian Insolvency and Bankruptcy Code IBC and Contingent Claims

IBC imposes moratorium on initiation or continuation of legal proceedings against corporate debtor CD for entire duration of corporate insolvency resolution process CIRP. Adjudication of disputed claims that are pending as on the date of initiation of CIRP get stalled.
Satish Kumar Gupta Ricoh India Ltd Supreme Court Essar Steel India Ltd India Supreme Court Fourth Dimension Solutions Ltd

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