https://www.taxtmi.com/caselaws?id=467023 An application under section 9 of the Insolvency and Bankruptcy Code was held governed by Article 137 of the Limitation Act, so it had to be filed within three years. Section 4 could apply only if the prescribed period ended on a day when the tribunal was closed; on the facts, the filing was made on 10.10.2019 and not on the claimed date, so that benefit was unavailable and the application remained time-barred. The 10-day notice period under section 8 could not be excluded under section 15(2) because a section 9 proceeding is an application, not a suit, and the exclusion provision did not apply. en-us Tue, 21 Jan 2025 00:00:00 +0530 Mon, 02 Mar 2026 12:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467023 An application under section 9 of the Insolvency and Bankruptcy Code was held governed by Article 137 of the Limitation Act, so it had to be filed within three years. Section 4 could apply only if the prescribed period ended on a day when the tribunal was closed; on the facts, the filing was made on 10.10.2019 and not on the claimed date, so that benefit was unavailable and the application remained time-barred. The 10-day notice period under section 8 could not be excluded under section 15(2) because a section 9 proceeding is an application, not a suit, and the exclusion provision did not apply. Case-Laws IBC Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467023