Case Law Analysis
|Supreme Court of India
Section 14 IBC Moratorium Limited to Corporate Debtor | Consumer Complaint Against Promoters, Directors and Landowners May Continue : SC
The Supreme Court ruled that the IBC’s Section 14 moratorium restrains only the corporate debtor, not the promoters, directors or landowners, allowing the NCDRC to pursue the consumer complaint. This preserves homebuyers’ recourse even during insolvency proceedings.