Case Law Analysis
|National Company Law Appellate Tribunal
Section 95 IBC | Non-Est Petition During Interim Moratorium Cannot Trigger Fresh Moratorium: NCLAT
NCLAT rules that a petition filed during an existing interim moratorium under Section 95 IBC is non-est and incapable of initiating a fresh moratorium, reinforcing procedural safeguards against abuse of process in personal guarantor insolvency cases. The decision clarifies that only a validly admitted petition can trigger moratorium protections.