Subsequent to initiation of CIRP, any action taken by Land Owner to enforce their Security Interest over their Security Deposits or Maintenance Advance by making any deduction from the same, would be in violation of Moratorium under Section 14 of the Code – Nimitaya Infotech Pvt. Ltd. And Ors. Vs. Cox & Kings Ltd. (Through its Resolution Professional, Mr. Ashutosh Agarwala) – NCLAT New Delhi

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