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Bombay High Court — “MPID Act attachment proceedings not stayed by insolvency moratorium under IBC; investor protection prevails”, appeal dismissed with ₹10 lakh costs

1. Court’s decision The Bombay High Court rejected an appeal challenging an order of the Special Court under the MPID Act that refused to stay attachment proceedings related to the…

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Rawlaw March 16, 2026

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Bombay High Court Quashes Cheque Bounce Cases Under Negotiable Instruments Act Against Former Directors as Moratorium Under Insolvency Code Barred Proceedings, Emphasises “No Liability Without Control Over Company Affairs”

Court’s Decision The Bombay High Court, Nagpur Bench, quashed criminal proceedings under Section 138 read with Section 141 of the Negotiable Instruments Act against the former directors of Venus Rolling…

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Rawlaw July 6, 2025

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