Section 138-Discharge order. - Companies Act Integrated Ready

ibc 138Proceedings under Section 138 of the Negotiable Instruments Act, 1881 for dishonor of cheque cannot continue against a corporate debtor when an order ofSC sets boundaries for Section 138 NI Act and IBC Moratorium, providing clarity on dishonour of cheques & insolvency proceedings, resolvg ambuities for lenders & borrowers.