
Case Law Analysis
|Bombay High Court
IBC Moratorium | Writ Petition Maintainable Against Recovery Officer's Order Despite Statutory Bar : Bombay HC
Bombay High Court holds that a writ petition challenging a Recovery Officer's order remains maintainable during an IBC moratorium, balancing the need for urgent relief against statutory remedies. The ruling clarifies that the moratorium under Section 14 of the IBC does not automatically oust High Court's writ jurisdiction, impacting creditors and corporate debtors seeking interim protection.