https://www.taxtmi.com/caselaws?id=791317 Time spent in a prior section 9 Insolvency and Bankruptcy Code proceeding could be excluded under section 14(1) of the Limitation Act where the earlier petition was pursued with due diligence and good faith, involved the same matter in issue, and failed at the threshold because a pre-existing dispute created a statutory jurisdictional bar. The later civil suit concerned the same default-based dispute, so the conditions for exclusion of time were met. The distinction between section 14(1) and section 14(2) did not prevent relief because the subsequent proceeding was a suit, not an application. en-us Wed, 06 May 2026 00:00:00 +0530 Sat, 09 May 2026 07:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791317 Time spent in a prior section 9 Insolvency and Bankruptcy Code proceeding could be excluded under section 14(1) of the Limitation Act where the earlier petition was pursued with due diligence and good faith, involved the same matter in issue, and failed at the threshold because a pre-existing dispute created a statutory jurisdictional bar. The later civil suit concerned the same default-based dispute, so the conditions for exclusion of time were met. The distinction between section 14(1) and section 14(2) did not prevent relief because the subsequent proceeding was a suit, not an application. Case-Laws IBC Wed, 06 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791317