Tag: Limitation Act

Insolvency and Backruptcy

Limitation Act will be applicable retrospectively to the I&B Code

The Supreme Court of India in BK Education Services Private Limited vs. Parag Gupta and Associates[1] held that Section 238 A of the Insolvency and Bankruptcy Code (the “Code”), which was inserted pursuant to an

Insolvency and Bankruptcy Code

IBC Ordinance Removes Uncertainty Regarding applicability of Limitation Act

Insolvency & Bankruptcy Code (Amendment) Ordinance, 2018 (“Ordinance”) settled uncertainty regarding the applicability of Limitation Act 1963 over proceeding under the Insolvency and Bankruptcy Code 2016 (“Code”). The Ordinance introduced a new section 238 A

Insolvency and Backruptcy

Limitation Act will not apply to Insolvency Proceeding?

The National Company Law Appellate Tribunal (“NCLAT”) in its recent judgment in Black Pearls Hotel Pvt. Ltd v. Planet M Retail Ltd.[1] examined the issue whether the period of limitation prescribed under the Limitation Act

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