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    <description>The Tribunal held that the Limitation Act, 1963 applies to proceedings under the Insolvency and Bankruptcy Code, 2016. Additionally, the Tribunal ruled that a petition under Section 9 of the IBC, including a time-barred invoice, is not admissible. The Tribunal dismissed the Company Petition but granted liberty to the petitioner to proceed with the claim within limitation by invoking Section 14 of the Limitation Act, 1963.</description>
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