The case involves an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal, Jaipur Bench) regarding the termination of work orders issued to Aesthetic Stone Arts India Pvt. Ltd. (Corporate Debtor) by Rajasthan State Road Development & Construction Corporation Ltd. (the Corporation). The Adjudicating Authority had ruled that the termination of Work Orders No. 1 and 2 by the Corporation was inconsistent with Section 20 of the Insolvency and Bankruptcy Code (IBC), 2016, and was invalid and prohibited under Section 238 of the IBC. The Adjudicating Authority also stated that the termination proceedings could not be initiated or continued under the moratorium of Section 14 of the IBC, and consequently, the invocation of performance

The case involves an appeal against an order passed by the Adjudicating Authority (National Company Law Tribunal, Jaipur Bench) regarding the termination of work orders issued to Aesthetic Stone Arts India Pvt. Ltd. (Corporate Debtor) by Rajasthan State Road Development & Construction Corporation Ltd. (the Corporation). The Adjudicating Authority had ruled that the termination of Work Orders No. 1 and 2 by the Corporation was inconsistent with Section 20 of the Insolvency and Bankruptcy Code (IBC), 2016, and was invalid and prohibited under Section 238 of the IBC. The Adjudicating Authority also stated that the termination proceedings could not be initiated or continued under the moratorium of Section 14 of the IBC, and consequently, the invocation of performance