sebi:Order/AP/SK/2021-22/11854
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Facts / Headnote
Proceedings disposed of as not maintainable during the operation of moratorium under Section 14 of the IBC Code
Provisions invoked
- s. 15A
- s. 15
- s. 12
- s. 14
- s. 14(1)
- s. 31
- s. 33
- s. 14(4)
- s. 31(1)
Regulations
- Reg. 13
- Reg. 13(6)
- Reg. 12
Parties
- Era Infra Engineering Ltd.
Holding
The adjudication proceedings against Era Infra Engineering Ltd. for alleged violations of PIT Regulations are not maintainable and cannot be initiated or continued during the operation of a moratorium under Section 14 of the IBC Code, as the CIRP of the Noticee remains ongoing.
Full text
______________________________________________________________________________________ Adjudication Order in respect of Era Infra Engineering Ltd. Page 2 of 9
______________________________________________________________________________________ Adjudication Order in respect of Era Infra Engineering Ltd. Page 3 of 9
______________________________________________________________________________________ Adjudication Order in respect of Era Infra Engineering Ltd. Page 4 of 9
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Source: SecMarx — sebi:Order/AP/SK/2021-22/11854. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.