Enforceability of Foreign Award - GoI can recover Petroleum due ...

Insolvency and Bankruptcy

June 22, 2019

Enforceability of Foreign Award - GoI can recover Petroleum due when the Corporate Debtor is already under Insolvency - once order has been pronounced u/s. 7 of the I&B Code and declared “Moratorium”, there is prohibition to enforced for recovery against the said Corporate Debtor as well as institution of any suit or execution of any Judgment, Decree or Order of any Court of Law, Tribunal, Arbitration Panel - action on the part of the GoI, Ministry of Petroleum, is not legal

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Enforceability of Foreign Award - GoI can recover Petroleum due ...

Insolvency and Bankruptcy

June 22, 2019

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