The intersection of the Insolvency and Bankruptcy Code, 2016 (IBC) and sector-specific regulatory regimes continues to generate significant jurisprudential debate, particularly concerning the scope and effect of the moratorium under Section 14 of the Code. The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, addressed one such critical interface in Vandana Garg (RP) v. Mysore Petro Chemicals, Company Appeal (AT) (Ins) No. 361 of 2024, decided on 27 May 2026. The Division Bench comprising Justice N. Seshasayee (Judicial Member) and Mr. Arun Baroka (Technical Member) was confronted with the question of whether a claim founded upon an order of the Maharashtra Real Estate Regulatory Appellate Authority (RERAA)…
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