https://www.taxtmi.com/caselaws?id=297517 Proceedings before the NCLT were found barred by limitation under Article 137 of the Limitation Act because they were instituted beyond the prescribed period after the asset was declared non-performing, and the creditor had already pursued recovery before the DRT. The SC declined to express any broader opinion on the legal question raised and found no basis to interfere, with the result that the proceedings were treated as time-barred. en-us Thu, 07 Jan 2021 00:00:00 +0530 Wed, 08 Sep 2021 08:32:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297517 Proceedings before the NCLT were found barred by limitation under Article 137 of the Limitation Act because they were instituted beyond the prescribed period after the asset was declared non-performing, and the creditor had already pursued recovery before the DRT. The SC declined to express any broader opinion on the legal question raised and found no basis to interfere, with the result that the proceedings were treated as time-barred. Case-Laws Insolvency and Bankruptcy Thu, 07 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297517