All legal proceedings deemed stayed when moratorium under Section 96 IBC kicks in: Delhi High Court
The court said that moratorium under Section 96 of the IBC comes into effect as soon as an application is filed by a creditor or debtor for insolvency proceedings under Section 94 or 95.
Delhi High Court Insolvency And Bankruptcy Code Section 96 Ibc Section 94 Ibc Section 95 Ibc Moratorium Under Section 96 Ibc
Source: barandbench.com