"The moratorium under Section 96 of the IBC does not extend to regulatory penalties imposed for non-compliance with consumer protection laws ... that such penalties fall within the scope of ...

Allowing a stay on such penalties would undermine consumer protection ... liabilities do not fall within the scope of the moratorium unless explicitly covered under the IBC. Consequently ...

The Supreme Court on Tuesday held that interim moratorium under the Insolvency and Bankruptcy Code does not shield individuals or companies from regulatory penalties imposed under consumer protection ...

It said the penalties imposed by the NCDRC are regulatory in nature and serve to ensure compliance with consumer protection ... Section 96 of the IBC applies only to debts as defined under the Code, ...

The Supreme Court on Tuesday ruled that real estate developers do not enjoy immunity from consumer protection laws for failing to hand ... “The Insolvency and Bankruptcy Code (IBC) being a special law ...