Case Law Details
Case Name : B.K. Educational Services Private Limited Vs Parag Gupta And Associates (Supreme Court of India)
Related Assessment Year :
Courts :
Supreme Court of India
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B.K. Educational Services Private Limited Vs Parag Gupta And Associates (Supreme Court of India)
Hon;ble SC held that- It is thus clear that since the Limitation Act is applicable to applications filed under Sections 7 and 9 of the Code from the inception of the Code, Article 137 of the Limitation Act gets attracted. “The right to sue”, therefore, accrues when a default occurs. If the default has occurred over three years prior to the date of filing of the application, the application would be barred under Article 137 of the Limitation Act, save and except in those cases where, in the fact...
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what about old cases , whether this criteria to be check in all cases, whether audited Balance sheet will help for Limitation point as RP also create Audited Balance Sheet and file same with ROC