Banking · Insolvency and Bankruptcy Code (IBC)
In a Corporate Insolvency Resolution Process (CIRP) under the IBC, 2016, the statutory period during which the management of the Corporate Debtor is suspended and all legal actions or recovery proceedings against the debtor are prohibited is known as the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Standstill Agreement
- 2Moratorium Period✓
- 3Statutory Vacation
- 4Lock-in Period
Correct answer
Moratorium Period
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