https://www.taxtmi.com/caselaws?id=393520 A section 9 insolvency application was held barred by limitation because the alleged defaults arose between 29.03.2014 and 13.08.2014, while the petition was filed on 15.05.2018. Article 137 of the Limitation Act, 1963 applied, and the three-year limitation period had expired before filing. No acknowledgment of liability or part-payment within time was proved to extend limitation under sections 18 or 19. Defects in proving invoice service and demand notice service further weakened the claim, but limitation was the ative ground. The petition was therefore liable to be dismissed. en-us Thu, 12 Dec 2019 00:00:00 +0530 Wed, 18 Mar 2020 11:34:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393520 A section 9 insolvency application was held barred by limitation because the alleged defaults arose between 29.03.2014 and 13.08.2014, while the petition was filed on 15.05.2018. Article 137 of the Limitation Act, 1963 applied, and the three-year limitation period had expired before filing. No acknowledgment of liability or part-payment within time was proved to extend limitation under sections 18 or 19. Defects in proving invoice service and demand notice service further weakened the claim, but limitation was the ative ground. The petition was therefore liable to be dismissed. Case-Laws Insolvency and Bankruptcy Thu, 12 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393520