https://www.taxtmi.com/caselaws?id=109451 Compensation applications under Section 12B of the Monopolies and Restrictive Trade Practices Act were treated as money claims, and where no express limitation period existed, they still had to be filed within a reasonable time. The Court used Article 137 of the Limitation Act, 1963 as the benchmark for assessing reasonableness and found applications filed after more than five years to be beyond that standard. It also refused remand because it would only prolong the dispute. The challenge therefore failed and the view that the claims were time-barred was upheld. en-us Thu, 23 Oct 2003 00:00:00 +0530 Tue, 10 Apr 2012 12:52:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109451 Compensation applications under Section 12B of the Monopolies and Restrictive Trade Practices Act were treated as money claims, and where no express limitation period existed, they still had to be filed within a reasonable time. The Court used Article 137 of the Limitation Act, 1963 as the benchmark for assessing reasonableness and found applications filed after more than five years to be beyond that standard. It also refused remand because it would only prolong the dispute. The challenge therefore failed and the view that the claims were time-barred was upheld. Case-Laws Companies Law Thu, 23 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109451