Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Time limitation for Section 9 IBC claims upheld by Supreme Court; appeal dismissed for lack of settlement evidence.</h1> Applicability of time limitation to insolvency petitions under Section 9 turned on whether a pre-existing dispute or a corroborated settlement existed; ... Applicability of time limitation for application filed u/s 9 of IBC - existence of pre-existing dispute or not - absence of other supporting corresponding document on record to establish the settlement - HELD THAT:- After having heard the appellant, we do not find a good reason to take a different view than what has been taken by the National Company Law Appellate Tribunal (NCLAT). Accordingly, the appeal is dismissed. Outcome: Appeal dismissed [No detailed order].
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