Initiation of CIRP - "The right to sue", therefore, accrues when ...

Case Laws Insolvency and Bankruptcy

October 17, 2020

Initiation of CIRP - "The right to sue", therefore, accrues when a default occurs. If the default has occurred over three years prior to the date of filing of the Application, the Application would be barred under Article 137 of the Limitation Act, save and except in those cases where, in the facts of the case, Section 5 of the Limitation Act may be applied to condone the delay in filing such Application". - AT

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Initiation of CIRP - "The right to sue", therefore, accrues when ...

Case Laws Insolvency and Bankruptcy

October 17, 2020

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