Tag: Limitation Act
Supreme Court Bars Fresh Filing Of Section 11 Arbitration Application After Unconditional Withdrawal
Introduction The Hon’ble Supreme Court recently in M/s. HPCL Bio-Fuels Ltd. vs M/s. Shahaji Bhanudas Bhad held that Order 23 Rule 1 of the Civil Procedure Code (“CPC”) applies to applications for the appointment of
Adverse Possession Limitation Begins When Possession Becomes Adverse, Not When Ownership Is Established: Supreme Court
In a recent judgment, the Hon’ble Supreme Court (“SC”) in the case of Neelam Gupta and Ors v. Rajendra Kumar Gupta and Anr.[i], categorically held that the period of limitation for establishing title by adverse
What constitutes breaking point while applying for appointment of arbitrator?…Supreme Court
Introduction In the recent judgment of M/s. B and T AG vs. Ministry of Defence[1],the Supreme Court (“the SC”) while discussing on issues of limitation for filing of application under S.11 (“the Application”)of the Arbitration
Balance sheet entries can amount to acknowledgement of debt under Section 18 of Limitation Act
The Supreme Court in Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal & Anr.[1] has ruled that entries in balance sheets can amount to acknowledgement of debt for the purpose of extending limitation under Section
PERIOD OF LIMITATION STARTS FROM THE DATE OF DEFAULT, NOT FROM THE DATE OF DECREE: NCLAT
In a recent judgment Sh G Eswara Rao vs. Stressed Assets Stabilisation Fund[i] National Company Law Appellate Tribunal (“NCLAT”), the appellate tribunal under the Insolvency & Bankruptcy Code, 2016 (“I&B Code”) held that period of
Applicability of Limitation Act to Insolvency Cases
The Insolvency & Bankruptcy Code 2016 (“IB Code”) was enacted in 2016. The question of applicability of the the Limitation Act, 1963 (“Limitation Act”) to IB Code continues to be a bone of contention till
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