https://www.taxtmi.com/caselaws?id=405358 The Appellate Tribunal set aside the order admitting the Application under Section 7 of the Insolvency and Bankruptcy Code, ruling it as time-barred. The Corporate Debtor was released from the moratorium, and the matter was remitted for fee and cost determination. The decision highlighted the significance of complying with limitation periods and debt acknowledgment in insolvency proceedings for a fair resolution process. en-us Wed, 17 Mar 2021 00:00:00 +0530 Wed, 17 Mar 2021 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405358 The Appellate Tribunal set aside the order admitting the Application under Section 7 of the Insolvency and Bankruptcy Code, ruling it as time-barred. The Corporate Debtor was released from the moratorium, and the matter was remitted for fee and cost determination. The decision highlighted the significance of complying with limitation periods and debt acknowledgment in insolvency proceedings for a fair resolution process. Case-Laws Insolvency and Bankruptcy Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405358