Section 1
Subs. by Act 26 of 2018, s . 29 , for "bankruptcy of a personal guarantor of such corporate debtor" (w.e.f. 6-6-2018) .
1. Subs. by Act 26 of 2018, s . 29 , for "bankruptcy of a personal guarantor of such corporate debtor" (w.e.f. 6-6-2018) .
(5) Notwithstanding anything to the contrary contained in any other law for the time being in force, the National Company Law Tribunal shall have jurisdiction to entertain or dispose of—
(a) any application or proceeding by or against the corporate debtor or corporate person;
(b) any claim made by or against the corporate debtor or corporate person, including claims by or against any of its subsidiaries situated in India; and
(c) any question of priorities or any question of law or facts, arising out of or in relation to the insolvency resolution or liquidation proceedings of the corporate debtor or corporate person under this Code.
(6) Notwithstanding anything contained in the Limitation Act, 1963 (36 of 1963) or in any other law for the time being in force, in computing the period of limitation specified for any suit or application by or against a corporate debtor for which an order of moratorium has been made under this Part, the period during which such moratorium is in place shall be excluded.
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