NEW DELHI MUNICIPAL COUNCIL vs MINOSHA INDIA LIMITED

The Supreme Court addressed the implications of Section 60(6) of the Insolvency and Bankruptcy Code regarding the revival of proceedings for a corporate debtor under a moratorium. The court determined that the corporate debtor could invoke the moratorium to file an application under Section 11(6) of the Arbitration and Conciliation Act, thereby allowing the arbitration process to proceed despite the ongoing insolvency proceedings. The judgment clarifies the interplay between insolvency laws and arbitration rights.