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Section 14-Moratorium- (1) Subject to provisions of sub-sections (2) and (3), on the insolvency commencement date, the Adjudicating Authority shall by order declare moratorium for prohibiting all of the following, namely:— (a) the institution of suits or continuation of pending suits or proceedings against the corporate debtor including execution of any judgment, decree or order in any court of law, tribunal, arbitration panel or other authority; (b) transferring, encumbering, alienating or disposing of by the corporate debtor any of its assets or any legal right or beneficial interest therein; (c) any action to foreclose, recover or enforce any security interest created by the corporate debtor in respect of its property including any action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002; (d) the recovery of any property by an owner or lessor where such property is occupied by or in the possession of the corporate debtor.
The intricate interplay of fiscally and monetary policy A. tools within a dual mandate framework often necessitates B. a delicate ...
The judiciary is the last seek (A) of the citizen to resort (B) protection from the highhandedness that the executive ru...
Directions : In the question below, two sentences with one word in each highlighted in bold. From the options, choose the one that can replace the high...
Although the government announce (A)/ market value, known as the guidance value , (B)/it will be nowhere (C)/nearly the actual value of (D)/the propert...
Choose the correct combination of grammatically incorrect sentences
I. The government's decision to privatize the country's largest airline ha...
Select the correctly punctuated sentence from the options below.
Select correct prepositions-
called ______ his house yesterday.
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Choose the correct combination of grammatically incorrect sentences
I. The law, which also provides for a social audit and grievance redress, ...
It is recorded that (A)/the last cheetahs were shot at India (B)/in 1947, but there is credible reports (C)/of sightings from the cat (D)/till about...