Admissibility of application for initiation of CIRP - time ...
Case Laws Insolvency and Bankruptcy
April 22, 2020
Admissibility of application for initiation of CIRP - time limitation - the account was declared as NPA on 30-4-2013, whereas the present petition under section 7 of the I&B Code was filed on 12-9-2018, which was filed beyond three years. As such the present application is liable to be rejected.
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