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Tag Archive for "proceedings-under-the-ibc-in-the-nclt" -

CentrikBlogsProceedings under the IBC in the NCLT

Tag: Proceedings under the IBC in the NCLT

Section 7 of the IBC is covered by Section 14 of the Limitation Act

Posted by ajay.shuklaPosted on March 28, 2021March 30, 20210 CommentsCategories Corporate Litigation-All In Way, Insolvency & Bankruptcy Code 2016, RERA ConsultingTags applicability of limitation act to insolvency proceedings, corporate debtor, corporate debtors under the Insolvency and Bankruptcy Code, IBC against corporate guarantor, IBC and SARFAESI, Insolvency and Bankruptcy Code, judgment of the NCLAT, Limitation Act and IBC, NCLAT Judgment, proceedings in the NCLT, Proceedings under the IBC in the NCLT, proceedings under the SARFAESI Act, Supreme Court on Limitation Act under IBC

Hon’ble Supreme Court has held that in an application under Section 7 of the Insolvency and Bankruptcy Code, the applicant can claim the benefit of Section 14 of the Limitation Act, in respect of proceedings under the SARFAESI Act.

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