https://www.taxtmi.com/caselaws?id=778921 NCLAT allowed the appeal and set aside the NCLT orders dismissing two s.95 IBC petitions. The Tribunal held the petitions were not time-barred: the terminus a quo was 20.11.2018, but the period 15.03.2020-28.02.2022 is excluded per the SC suo motu order, extending limitation into 2024. Applying that exclusion, the PIRP petitions filed in Nov-Dec 2022 were within time. The NCLT orders dated 09.12.2024 in the relevant CPs were quashed. en-us Tue, 23 Sep 2025 00:00:00 +0530 Thu, 25 Sep 2025 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778921 NCLAT allowed the appeal and set aside the NCLT orders dismissing two s.95 IBC petitions. The Tribunal held the petitions were not time-barred: the terminus a quo was 20.11.2018, but the period 15.03.2020-28.02.2022 is excluded per the SC suo motu order, extending limitation into 2024. Applying that exclusion, the PIRP petitions filed in Nov-Dec 2022 were within time. The NCLT orders dated 09.12.2024 in the relevant CPs were quashed. Case-Laws IBC Tue, 23 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778921