No bar to amendment of petition u/s 7 of IBC until final order

Dena Bank (now Bank of Baroda) Vs. C. Shivakumar Reddy and Anr. (Supreme Court of India) No bar to amendment of petition u/s 7 of IBC until final order; judgment and/or decree for money in favour of the financial creditor would give rise to a fresh cause of action [Dena Bank v. C. Shivakumar Reddy, Civil Appeal No. 1650 of 2020, decided on 4-8-2021] The main question involved in before the Hon’ble Supreme Court of India was as- “Whether a petition under Section 7 IBC would be barred by limitation, on the sole ground that it had been filed beyond a period of three years from the date of dec...