The moratorium under section 96 of IBC provides that upon the filing of an application
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The Ministry of Corporate Affairs (MCA) has taken a strict view of the misuse of individual insolvency by some personal guarantors, proposing that they not be allowed any moratorium period when they file for insolvency, in the latest draft amendments to the Insolvency and Bankruptcy Code (IBC).
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Read the full article at: https://www.business-standard.com/article/economy-policy/draft-ibc-amendments-address-misuse-of-individual-insolvency-by-pgs-123011901119_1.html