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IBC - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Corporate insolvency resolution process - period of limitation ...


Continuous Cause of Action Keeps 2014 Insolvency Claim Alive; Application Not Time-Barred by Limitation Period.

January 18, 2019

Case Laws     Insolvency and Bankruptcy     AT

Corporate insolvency resolution process - period of limitation for filing an application - This claim was made initially in the year 2014 but was rejected - Therefore, the present application cannot be stated to be barred by limitation and on the other hand we find there is continuous cause of action.

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