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    <title>2020 (12) TMI 324 - NATIONAL COMPANY LAW TRIBUNAL , NEW DELHI BENCH</title>
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    <description>The Tribunal dismissed the application for corporate insolvency resolution process under Section 9 of the Insolvency and Bankruptcy Code 2016 as time-barred by the Limitation Act 1937. Despite a court decree in favor of the Applicant, the Tribunal held that the claims were barred by limitation, emphasizing that the decree did not affect the default date for limitation calculation under the Code. The application was dismissed without considering other arguments raised by the parties.</description>
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      <description>The Tribunal dismissed the application for corporate insolvency resolution process under Section 9 of the Insolvency and Bankruptcy Code 2016 as time-barred by the Limitation Act 1937. Despite a court decree in favor of the Applicant, the Tribunal held that the claims were barred by limitation, emphasizing that the decree did not affect the default date for limitation calculation under the Code. The application was dismissed without considering other arguments raised by the parties.</description>
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