https://www.taxtmi.com/caselaws?id=294954 The National Company Law Tribunal, Kolkata Bench, dismissed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by 'HDFC Bank Ltd.' against 'M/s Bhawan Das Auto Finance Ltd.' as time-barred. The Tribunal found that the application, seeking to rely on an Arbitral Award, was not maintainable due to the absence of default. Despite acknowledging a delay in filing the appeal, the Tribunal held that the application was barred by limitation, leading to the dismissal of the appeal. en-us Mon, 09 Dec 2019 00:00:00 +0530 Wed, 12 May 2021 08:26:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294954 The National Company Law Tribunal, Kolkata Bench, dismissed an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by 'HDFC Bank Ltd.' against 'M/s Bhawan Das Auto Finance Ltd.' as time-barred. The Tribunal found that the application, seeking to rely on an Arbitral Award, was not maintainable due to the absence of default. Despite acknowledging a delay in filing the appeal, the Tribunal held that the application was barred by limitation, leading to the dismissal of the appeal. Case-Laws Insolvency and Bankruptcy Mon, 09 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294954