After admission of an application under Section 7 of the IBC, once moratorium has been declared it is not open to any person including Financial Creditors & bank to recover any amount from the account of the Corporate Debtor, nor it can appropriate any amount towards its own dues – Indian Overseas Bank Vs. Mr. Dinkar T. Venkatsubramaniam Resolution Professional for Amtek Auto Ltd. – NCLAT New Delhi

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