Whether the CoC can take a decision regarding payments to a particular financial creditor during the CIRP and whether any amounts that belong to the Corporate Debtor can be adjusted towards the claim of any particular financial creditor during the Moratorium period imposed under Section 14 of the IBC – SM Milkose Ltd. Vs. Parvinder Kumar Bhatt, Deputy Zonal Manager, Bank of India – NCLAT New Delhi

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An application u/s 95(1) of IBC can only be filed after the expiry of period 14 days from the date of service of demand notice under Section 95(4)(b) of the IBC – Intec Capital Limited  Vs. Eastern Embroidery Collections Private Limited  – NCLT New Delhi Bench Court-V

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