2020 (3) TMI 1266

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....hra, Member (T) ORDER Abni Ranjan Kumar Sinha, Member (J) We have heard the Ld. Counsel appearing for the Applicant. He fairly submitted that invoices of dated 06.07.2015 thereafter the Corporate Debtor has acknowledged his debt in his ledger account on which the applicant annexed at Page 77. He further submitted that it is also fact that the present application has been filed on 15.06.20....

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...., Civil Appeal No. 7673 of 2019 decided on 30.09.2019 and AIR 2018 SCC 3240. By placing reliance on these decisions, Ld. Counsel for the applicant submitted that in view of the decision in Daya Singh and Others Vs. Gurudev Singh and Others 2020 right to sue accrues arise when there is infringement of rise and in the case the right of sue accrues when the respondent refused to pay the amount. No....

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....ch period begins to run  137. Any other application for which no period of limitation is provided elsewhere in this Division.  Three years  When the right to apply accrues Mere plain reading of the Article 137 of the Limitation Act shows that any other application for which no period of limitation is provided elsewhere in this division the application must have been file....

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....from the date of 14.03.2016, then the applicant must filed the application within three years from 14.03.2016 i.e. on or before 13.03.2019 but the present application is filed on 15.01.2020, that is much after the period of three years from the date of acknowledgement. At this juncture, we would like to refer submissions made on behalf of the Ld. Counsel appearing for the applicant. In course o....