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Supreme Court Holds That Once A Moratorium Under Section 14 Of IBC Comes Into Effect, Any Security Deposit Made By The Corporate Debtor Cannot Be Set Off Against The Pre-CIRP Dues Of The Corporate Debtor.
The Supreme Court of India, by way of its judgement dated 23.03.2026 in the matter of Central Transmission Utility of India Limited v. Sumit Binani & Ors.
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