https://www.taxtmi.com/caselaws?id=390732 A Section 7 application seeking refund-linked relief under the Insolvency and Bankruptcy Code was held to be governed by Article 137 of the Limitation Act, not Article 65, because the claim was not one for possession of immovable property or any interest in it based on title. Limitation therefore ran from the date the right to apply accrued. On the record, default occurred on 10 July 2013, or at the latest 25 July 2013, and there was no acknowledgment extending time. The application filed in 2019 was consequently beyond the three-year period and not maintainable. en-us Tue, 24 Sep 2019 00:00:00 +0530 Fri, 10 Jan 2020 06:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390732 A Section 7 application seeking refund-linked relief under the Insolvency and Bankruptcy Code was held to be governed by Article 137 of the Limitation Act, not Article 65, because the claim was not one for possession of immovable property or any interest in it based on title. Limitation therefore ran from the date the right to apply accrued. On the record, default occurred on 10 July 2013, or at the latest 25 July 2013, and there was no acknowledgment extending time. The application filed in 2019 was consequently beyond the three-year period and not maintainable. Case-Laws Insolvency and Bankruptcy Tue, 24 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390732