Advocate Sushila
SUPREME COURT HOLDS THAT LIMITATION ACT, 1963 IS APPLICABLE TO THE INSOLVENCY PROCEEDINGS UNDER IBC

SUPREME COURT HOLDS THAT LIMITATION ACT, 1963 IS APPLICABLE TO THE INSOLVENCY PROCEEDINGS UNDER IBC

The #SupremeCourt of India in the case of Sesh Nath Singh & Anr. versus Baidyabati Sheoraphuli Co-Operative Bank Ltd and Anr. [Civil Appeal NO. 9198 OF 2019], vide its Judgment dated 22.03.2021 held that the #Limitation Act 1963 is applicable to proceedings under Insolvency and Bankruptcy Code, 2016 (‘#IBC’).


To read more, please visit the link below:


https://theindianlawyer.in/supreme-court-holds-that-limitation-act-1963-is-applicable-to-the-insolvency-proceedings-under-ibc/


#supremecourt #ibc #insolvencyandbankruptcy #limitation

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