Upon expiry of moratorium period, whether MSME Facilitation Council has jurisdiction to resumed the arbitral proceedings which were initiated prior to CIRP & suspended during the moratorium period, and pass arbitral award after approval of the Resolution Plan under Section 31 of IBC – Electrosteel Steel Ltd. (now M/s ESL Steel Ltd.) Vs. Ispat Carriers Pvt. Ltd. – Jharkhand High Court

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A Resolution Professional will come within the meaning of ‘Public Servant’ under Section 2(c) of the Prevention of Corruption Act, 1988 and Section 233 of IBC does not protect where he has been apprehended red-handed with the bribe amount – Sanjay Kumar Agarwal Vs. Central Bureau of Investigation, Anti Corruption Bureau, Dhanbad – Jharkhand High Court

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Approved Resolution Plan shall be binding only on those stakeholders who were involved in the resolution plan-Electrosteel Steels Limited Vs. The State of Jharkhand – Jharkhand High Court

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