https://www.taxtmi.com/caselaws?id=769055 In a Section 7 IBC context, limitation could not be extended on the basis of an arbitral award where the original pleaded date of default remained 12.11.2018 and was never formally amended. The analysis treats the pleaded default date as the foundation of the limitation case, and holds that any change in the basis for limitation must be brought on record through proper amendment. Mere reference to the arbitral award in the petition or oral reliance on it was insufficient to alter the pleaded cause of action. The matter therefore required reconsideration only on the basis of amended pleadings, if any. en-us Wed, 16 Apr 2025 00:00:00 +0530 Fri, 18 Apr 2025 08:38:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769055 In a Section 7 IBC context, limitation could not be extended on the basis of an arbitral award where the original pleaded date of default remained 12.11.2018 and was never formally amended. The analysis treats the pleaded default date as the foundation of the limitation case, and holds that any change in the basis for limitation must be brought on record through proper amendment. Mere reference to the arbitral award in the petition or oral reliance on it was insufficient to alter the pleaded cause of action. The matter therefore required reconsideration only on the basis of amended pleadings, if any. Case-Laws IBC Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769055