CIRP application maintainability depends on repayment failure; limitation period starts from debt acknowledgment per Limitation Act, Section 18.

CIRP application maintainability depends on repayment failure; limitation period starts from debt acknowledgment per Limitation Act, Section 18. https://www.taxtmi.com/highlights?id=51041 Maintainability of application - initiation of CIRP - failure to to make repayment - the limitation will start from the date of accrual of right. The accrual of right is also to be noticed from the date of confirmation or acknowledgment of the debt and to be read along with Section 18 of the Limitation Act, 1963. en-us Sun, 05 Jan 2020 11:04:58 +0530 Sun, 05 Jan 2020 11:04:58 +0530 TaxTMI RSS Generator CIRP application maintainability depends on repayment failure; limitation period starts from debt acknowledgment per Limitation Act, Section 18. https://www.taxtmi.com/highlights?id=51041 Maintainability of application - initiation of CIRP - failure to to make repayment - the limitation will start from the date of accrual of right. The accrual of right is also to be noticed from the date of confirmation or acknowledgment of the debt and to be read along with Section 18 of the Limitation Act, 1963. Highlights Insolvency and Bankruptcy Sun, 05 Jan 2020 11:04:58 +0530 https://www.taxtmi.com/highlights?id=51041