Moratorium Not Available to Directors or Officers of Company Undergoing CIRP, SC Asks Ansal Crown Infrabuild To Refund Money to Home-buyers
Setting aside judgments and orders and remitting an execution application to national consumer disputes redressal commission (NCDRC), the Supreme Court (SC) clarified that protection of the moratorium will not be available to the directors or officers of the company undergoing corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code (IBC).
Source: moneylife.in
