2018 (7) TMI 2341

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..... D THAT:- From the record, it is found that the personal and individual assets of a Director is not the subject matter of the 'corporate insolvency resolution process' and the moratorium only extends to the assets of the 'Corporate Debtor'. This has also been held by the Adjudicating Authority. For the reason aforesaid no interference is called for. The appeal is accordingly dismiss .....

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..... I Act 2002. 3. We have heard learned counsel appearing on behalf of the appellant and the 'financial creditor'. 4. From the record, we find that the personal and individual assets of a Director is not the subject matter of the 'corporate insolvency resolution process' and the moratorium only extends to the assets of the 'Corporate Debtor'. This has also been held by the Adj .....

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