Initiation of CIRP - applicability of time limitation - recovery ...

Case Laws Insolvency and Bankruptcy

October 7, 2019

Initiation of CIRP - applicability of time limitation - recovery of dues - The date of coming into force of the IBC Code does not and cannot form a trigger point of limitation for applications filed under the Code. Equally, since “applications” are petitions which are filed under the Code, it is Article 137 of the Limitation Act which will apply to such applications.

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Initiation of CIRP - applicability of time limitation - recovery ...

Case Laws Insolvency and Bankruptcy

October 7, 2019

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