K. Easwara Pillai Vs Goods and Services Tax Department
Date: July 25, 2023
Subject Matter
Seizure and summons issued during the moratorium period are in violation of the moratorium order under section 14 of the IBC
Summary
The case involves a dispute regarding the seizure of assets (documents) of a corporate debtor, M/s Mango Meadows Agricultural Pleasure Land Private Limited, during the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy…
FULL TEXT OF THE NCLT JUDGMENT/ORDER 1. The application is filed under section 60 (5) of IBC, 2016 by the Resolution profession for direction directing the respondent to release the assets (documents) which were seized by the Respondent on 10.03.2023 and to initiate proceedings against the respondent under section 70(2) of IBC, 2016. 2. The brief facts of the case necessary to dispose…