The proceedings under the Rajasthan Stamp Act are separate and independent proceedings to the proceedings under the IBC initiated by the Financial Creditors under Section 7 of the IBC – State of Rajasthan Vs. Arunava Sikdar, RP, Jaipur Metals & Electricals Ltd. – NCLAT New Delhi

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The Arbitration proceedings which was undertaken under Arbitration & Conciliation Act 1996 shall not give any extension of limitation for filing CIRP – Ozone Builders and Developers Pvt. Ltd. Vs. Omway Buildestate Pvt. Ltd. – NCLAT New Delhi

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