https://www.taxtmi.com/caselaws?id=768976 Section 14 of the Limitation Act, 1963 can exclude time spent in bona fide and diligent insolvency proceedings before the NCLT and NCLAT, because such proceedings are civil proceedings before quasi-judicial tribunals with the trappings of a court. The expression "court" may be read broadly for this purpose, and an abortive proceeding need not fail only for a narrow jurisdictional defect; dismissal of the insolvency application for a pre-existing dispute was sufficient. On the facts, the earlier insolvency proceedings were pursued in good faith and with due diligence, so the time spent in them was excluded in computing limitation for the suit. en-us Fri, 04 Apr 2025 00:00:00 +0530 Thu, 17 Apr 2025 08:37:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768976 Section 14 of the Limitation Act, 1963 can exclude time spent in bona fide and diligent insolvency proceedings before the NCLT and NCLAT, because such proceedings are civil proceedings before quasi-judicial tribunals with the trappings of a court. The expression "court" may be read broadly for this purpose, and an abortive proceeding need not fail only for a narrow jurisdictional defect; dismissal of the insolvency application for a pre-existing dispute was sufficient. On the facts, the earlier insolvency proceedings were pursued in good faith and with due diligence, so the time spent in them was excluded in computing limitation for the suit. Case-Laws IBC Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768976