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ibc138Do Proceedings us 138 of NI Act abate when proceedings under Insolvency and Bankruptcy Code 2016 are set in motion? It is common notion that once a business entity appliesIntroduction The Hon’ble Bombay Hh Court 1 in January, 2025 had to deal with the issue of a stay of the proceedings under Section 138 of the Negotiable Instruments Act, 1881 (NI Act) in