The limitation commenced from the date of default reckoned on the basis of classification of Corporate Debtor’s account as NPA would not admit of any extension or exclusion on the basis of pursuit of a remedy under the SARFAESI Act, 2002 or in a recovery proceedings before the DRT – Invent Assets Securitization and Reconstruction Pvt. Ltd. Vs. Xylon Electrotechnic Pvt. Ltd. – NCLAT New Delhi

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