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    <title>2021 (3) TMI 869 - NATIONAL COMPANY LAW TRIBUNAL NEW DELHI BENCH-VI</title>
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    <description>Applications under the Insolvency and Bankruptcy Code are governed by Article 137 of the Limitation Act, 1963, and a Section 9 petition filed more than three years after the asserted default was held time-barred. The Tribunal also held that Section 18 of the Limitation Act could not extend limitation on the basis of a disputed acknowledgment of debt, particularly where the authenticity of the acknowledgment was itself in dispute. On that footing, the petition was found barred by limitation and not maintainable.</description>
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      <description>Applications under the Insolvency and Bankruptcy Code are governed by Article 137 of the Limitation Act, 1963, and a Section 9 petition filed more than three years after the asserted default was held time-barred. The Tribunal also held that Section 18 of the Limitation Act could not extend limitation on the basis of a disputed acknowledgment of debt, particularly where the authenticity of the acknowledgment was itself in dispute. On that footing, the petition was found barred by limitation and not maintainable.</description>
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