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Tag Archive for "limitation-act-under-ibc" -

CentrikBlogsLimitation Act under IBC

Tag: Limitation Act under IBC

Article 1 of the Limitation Act, is not applicable to proceedings under the IBC Laws

Posted by KrishnapriyaPosted on June 15, 2022June 21, 20220 CommentsCategories Authentic Legal Advice, Corporate Litigation-All In Way, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags applicability of limitation act to ibc, CIRP procedure against the Corporate Debtor, corporate insolvency resolution proceedings, Limitation Act, Limitation Act under IBC, Limitation is application to IBC, Limitation under IBC, proceedings under IBC Laws, proceedings under the Insolvency and Bankruptcy Code, time-barred debt under limitation act

Article 137 is having a wider scope than Article 1 of the Limitation Act and is not applicable to the proceedings under the Insolvency and Bankruptcy Code. Article 1 is also not applicable to the petition filed by the Operational Creditor under Section 9 of the Insolvency and Bankruptcy Code.

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