https://www.taxtmi.com/caselaws?id=404899 An application under Section 9 of the Insolvency and Bankruptcy Code was challenged as time-barred on the basis that the operational debt arose from 2014-2015 invoices. The cheque issued on 12.01.2016 was treated as an acknowledgment of liability, and the record also reflected part payment on 16.02.2016 before the cheque was dishonoured. On those facts, the claim was held to be within limitation, and the limitation objection was rejected. The precedent relied on by the appellant was distinguished because the factual matrix was different and supported the respondent's case on limitation. en-us Thu, 04 Mar 2021 00:00:00 +0530 Sat, 06 Mar 2021 09:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404899 An application under Section 9 of the Insolvency and Bankruptcy Code was challenged as time-barred on the basis that the operational debt arose from 2014-2015 invoices. The cheque issued on 12.01.2016 was treated as an acknowledgment of liability, and the record also reflected part payment on 16.02.2016 before the cheque was dishonoured. On those facts, the claim was held to be within limitation, and the limitation objection was rejected. The precedent relied on by the appellant was distinguished because the factual matrix was different and supported the respondent's case on limitation. Case-Laws Insolvency and Bankruptcy Thu, 04 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404899