The initiation of CIRP cannot be annulled merely on the ground of pendency of a petition under Section 19 of the RDDBFI Act, 1993, In fact in terms of Section 14 of IBC all such pending proceeding cannot proceed during the period of moratorium – Babulal Vardharji Gurjar Vs. Veer Gurjar Aluminium Industries Pvt. Ltd. & Anr. – NCLAT New Delhi

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