The Insolvency and Bankruptcy Code, 2016
Section 238A: Limitation.
1[238A. The provisions of the Limitation Act, 1963 shall, as far as may be, apply to the proceedings or appeals before the Adjudicating Authority, the National Company Law Appellate Tribunal, the Debt Recovery Tribunal or the Debt Recovery Appellate Tribunal, as the case may be.]
1. Ins. by the IBC (Second Amendment) Act, 2018, w.e.f. 06.06.2018. However, In B.K. Educational Services Pvt. Ltd. Vs. Parag Gupta and Associates ibclaw.in 32 SC, Hon’ble Supreme Court held that the Limitation Act, 1963 is applicable to applications filed under Sections 7 and 9 of the Code from the inception of the Code.
IBC Laws specifically does not make any warranties or representations as to the accuracy, completeness or adequacy of any such Material or the same being up-to-date. IBC Laws periodically updates the Material on this Site whenever amendments are made by Parliament. Refer disclaimer here.