For calculation of period of limitation, invoices for the period preceding three years from the date of the application under Section 9 of IBC ought to be considered, rather than considering the starting point of limitation from the date of first invoice – M/s Next Education India Pvt. Ltd. Vs. M/s K12 Techno Services Pvt. Ltd. – Supreme Court

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Bank could not have continued the proceedings under the SARFAESI Act once the CIRP was initiated and the moratorium was ordered – Indian Overseas Bank Vs. M/s RCM Infrastructure Ltd. and another – Supreme Court

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The Bank is restrained from taking possession of the mortgaged property of the petitioners during the pendency of the Securitisation Application before the DRT – M/s. Vigour Seeds Pvt. Ltd. Vs. The Authorised Officer of Bank of Baroda – Gujarat High Court

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