https://www.taxtmi.com/caselaws?id=790766 Limitation for applications under Section 95 of the Insolvency and Bankruptcy Code is to be computed under Article 137 of the Limitation Act from the legally cognizable default, with any valid acknowledgment or fresh cause of action from a decree examined on the record. A Form B demand notice under the personal guarantor insolvency rules does not by itself invoke the guarantee; invocation must follow the guarantee deed. Because the tribunal had not dealt with the alleged acknowledgments, claim admission, and the effect of the decree on limitation, the matter required fresh adjudication and the impugned orders could not be sustained. en-us Fri, 24 Apr 2026 00:00:00 +0530 Thu, 30 Apr 2026 07:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790766 Limitation for applications under Section 95 of the Insolvency and Bankruptcy Code is to be computed under Article 137 of the Limitation Act from the legally cognizable default, with any valid acknowledgment or fresh cause of action from a decree examined on the record. A Form B demand notice under the personal guarantor insolvency rules does not by itself invoke the guarantee; invocation must follow the guarantee deed. Because the tribunal had not dealt with the alleged acknowledgments, claim admission, and the effect of the decree on limitation, the matter required fresh adjudication and the impugned orders could not be sustained. Case-Laws IBC Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790766