https://www.taxtmi.com/caselaws?id=372668 The 180-day period in the amended Section 4(b) of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 applies only to a company whose appeal, reference or inquiry has abated, enabling a reference to the NCLT without payment of fees. It does not bar an independent application under Section 10 of the Insolvency and Bankruptcy Code, 2016 merely because it was filed after that period. Applying the earlier tribunal view on the same issue, the rejection based on limitation was unsustainable and the Section 10 application remained maintainable. en-us Thu, 04 Oct 2018 00:00:00 +0530 Thu, 27 Dec 2018 16:00:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372668 The 180-day period in the amended Section 4(b) of the Sick Industrial Companies (Special Provisions) Repeal Act, 2003 applies only to a company whose appeal, reference or inquiry has abated, enabling a reference to the NCLT without payment of fees. It does not bar an independent application under Section 10 of the Insolvency and Bankruptcy Code, 2016 merely because it was filed after that period. Applying the earlier tribunal view on the same issue, the rejection based on limitation was unsustainable and the Section 10 application remained maintainable. Case-Laws Insolvency and Bankruptcy Thu, 04 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372668