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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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