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2019 (2) TMI 1692 - HC - Companies LawCrediting the amount encashed form Bank Guarantee, in the account of the Registrar General of this Court - insolvency proceedings pending before the NCLT Mumbai - HELD THAT:- Considering the fact that insolvency proceedings are pending before the NCLT Mumbai, the amount is directed to be retained in the account of the Registrar General. The same would be subject to further orders that may be passed in the insolvency proceedings - No further orders can be passed as the moratorium period under Section 14 of the Insolvency and Bankruptcy Code, 2016 has already kicked in. Petition disposed off.
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