https://www.taxtmi.com/caselaws?id=286224 Under the Insolvency and Bankruptcy Code, an appeal under Section 61 was treated as not maintainable in the circumstances considered, because the delay issue in the Section 9 application did not require separate determination in light of governing Supreme Court precedent on the scope of Section 61. On limitation, the Section 9 application was held to be within time: where Article 137 of the Limitation Act applies, limitation runs from the date the right to apply accrues, and the Code's commencement on 1 December 2016 was treated as the accrual date. Article 18 was held inapplicable because the proceeding was neither a suit nor a recovery action under the Code. en-us Mon, 13 Aug 2018 00:00:00 +0530 Thu, 14 Nov 2024 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286224 Under the Insolvency and Bankruptcy Code, an appeal under Section 61 was treated as not maintainable in the circumstances considered, because the delay issue in the Section 9 application did not require separate determination in light of governing Supreme Court precedent on the scope of Section 61. On limitation, the Section 9 application was held to be within time: where Article 137 of the Limitation Act applies, limitation runs from the date the right to apply accrues, and the Code's commencement on 1 December 2016 was treated as the accrual date. Article 18 was held inapplicable because the proceeding was neither a suit nor a recovery action under the Code. Case-Laws IBC Mon, 13 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286224