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        Insolvency and Bankruptcy

        2020 (3) TMI 157 - AT - Insolvency and Bankruptcy

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        Appeal Dismissed: Corporate Insolvency Process Initiation Barred by Limitation The Appellate Tribunal dismissed the appeal regarding the initiation of Corporate Insolvency Resolution Process against UG Hotels and resorts Ltd. The ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                            Appeal Dismissed: Corporate Insolvency Process Initiation Barred by Limitation

                            The Appellate Tribunal dismissed the appeal regarding the initiation of Corporate Insolvency Resolution Process against UG Hotels and resorts Ltd. The application was rejected due to being barred by limitation as the bill raised more than three years ago had not been paid. The appeal was dismissed with no costs.


                            The Appellate Tribunal dismissed the appeal regarding the initiation of Corporate Insolvency Resolution Process against UG Hotels and resorts Ltd. The application was rejected due to being barred by limitation as the bill raised more than three years ago had not been paid. The appeal was dismissed with no costs.
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