Category: IBC

  • APPLICABILITY OF LIMITATION LAW UNDER INSOLVENCY AND BANKRUPTCY CODE (IBC)

    Background: When the Insolvency and Bankruptcy Code (“IBC” or “Code”) was introduced, it was not prescribed that what will be the applicability of limitation law on IBC matters. The law of limitation revolves around the basic concept of barring legal actions beyond a prescribed period. The concept of limitation law widely acknowledged, in India and is governed…