Wages and salaries are considered and included in CIRP costs as per under Section 53(1)(a) of the IB Code.
Tag: petition under section 7 of IBC
Recovery under SEBI cannot take place during the moratorium period
Under section 14 of the code, the moratorium order is passed. Accordingly till the time moratorium period exists no other action or suit or case or proceedings against the corporate debtor can take place.