It is true that the ‘Limitation Act’ is applicable as far as it is practicable but for that only Part II of the Limitation Act i.e. Article 137 will be applicable- NCLAT in the case of O.A.A Ananthapadmanaban Chettiar Vs. Sri Mahalakshmi Textiles

It is true that the ‘Limitation Act’ is applicable as far as it is practicable but for that only Part II of the Limitation Act i.e. Article 137 will be applicable. The ‘I&B Code’ having come into force since 1st June, 2016, we hold that the application under Section 7 is well within the time in terms of Article 137 and is not barred by limitation.

It is true that the ‘Limitation Act’ is applicable as far as it is practicable but for that only Part II of the Limitation Act i.e. Article 137 will be applicable- NCLAT in the case of O.A.A Ananthapadmanaban Chettiar Vs. Sri Mahalakshmi Textiles Read Post »