Supreme Court: time-barred claims cannot be brought under ibc

On 11 October 2018, the Supreme Court (Court) vide its judgment in B.K. Educational Services Private Limited v Parag Gupta and Associates (Civil Appeal No. 23988 of 2017) clarified the applicability of Limitation Act, 1963 (Limitation Act) to the Insolvency and Bankruptcy Code, 2016 (Code). 

Background

Filed under:
India, Insolvency & Restructuring, Litigation, Khaitan & Co, Companies Act
Authors:
Prateek Kumar , Snehal Kakrania , Raveena Rai
Location:
India
Firm:
Khaitan & Co