https://www.taxtmi.com/highlights?id=69668 Initiation of CIRP - period of limitation - date of default - the NCLT ought to have considered the invoices at least for the period preceding three years from the date of the application u/s 9, rather than considering the starting point of limitation as 12.03.2011. Under the circumstances, the order(s) passed by the NCLT and affirmed by the NCLAT are unsustainable - the view taken by the NCLT that the claim is barred by limitation is unsustainable. - SC en-us Tue, 09 May 2023 08:06:08 +0530 Tue, 09 May 2023 08:06:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69668 Initiation of CIRP - period of limitation - date of default - the NCLT ought to have considered the invoices at least for the period preceding three years from the date of the application u/s 9, rather than considering the starting point of limitation as 12.03.2011. Under the circumstances, the order(s) passed by the NCLT and affirmed by the NCLAT are unsustainable - the view taken by the NCLT that the claim is barred by limitation is unsustainable. - SC Highlights Insolvency and Bankruptcy Tue, 09 May 2023 08:06:08 +0530 https://www.taxtmi.com/highlights?id=69668