Kerala HC stays NCLT order holding that MCA’s March 24, 2020 Notification raising the threshold limit for insolvency proceedings to Rs. 1 Cr. will not apply to pre-pandemic defaults, pursuant to a writ petition filed by the Corporate Debtor; The Corporate Debtor inter alia averred that all proceedings be stayed in the matter before NCLT, pending disposal of this writ petition; HC takes note of submissions made by NCLT and issues notice to the Operational Creditor; Accordingly, admits the writ petition while stating that there shall be a stay of all further proceedings in the said application pending before NCLT, Kochi :Kerala HC