https://www.taxtmi.com/caselaws?id=784403 A Section 9 insolvency application under the Insolvency and Bankruptcy Code is governed by Article 137 of the Limitation Act through Section 238A, so the three-year period runs from when the right to sue accrues. Where the operational debt arose from an award that had attained finality and remained unpaid, limitation began when the award became operative. A Section 8 demand notice does not create a fresh limitation period; its ten-day wait is only a precondition to filing under Section 9. The insolvency application was therefore barred by limitation. en-us Mon, 01 Sep 2025 00:00:00 +0530 Mon, 05 Jan 2026 08:04:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784403 A Section 9 insolvency application under the Insolvency and Bankruptcy Code is governed by Article 137 of the Limitation Act through Section 238A, so the three-year period runs from when the right to sue accrues. Where the operational debt arose from an award that had attained finality and remained unpaid, limitation began when the award became operative. A Section 8 demand notice does not create a fresh limitation period; its ten-day wait is only a precondition to filing under Section 9. The insolvency application was therefore barred by limitation. Case-Laws IBC Mon, 01 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784403