https://www.taxtmi.com/caselaws?id=403654 An application under section 9 of the Insolvency and Bankruptcy Code was held barred by limitation because it was filed more than three years after the stated default, and Article 137 of the Limitation Act applied; no material showed condonation or extension under sections 5 or 18. The Tribunal also found a pre-existing dispute, as prior email correspondence recorded complaints about non-attendance at site work and alternative arrangements, showing a dispute before the demand notice. On both grounds, the insolvency petition was found unsustainable and was not admitted. en-us Mon, 21 Sep 2020 00:00:00 +0530 Wed, 30 Oct 2024 14:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403654 An application under section 9 of the Insolvency and Bankruptcy Code was held barred by limitation because it was filed more than three years after the stated default, and Article 137 of the Limitation Act applied; no material showed condonation or extension under sections 5 or 18. The Tribunal also found a pre-existing dispute, as prior email correspondence recorded complaints about non-attendance at site work and alternative arrangements, showing a dispute before the demand notice. On both grounds, the insolvency petition was found unsustainable and was not admitted. Case-Laws IBC Mon, 21 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403654