Section 231 IBC Not a Bar to Civil Suit Challenging Sale Deeds: Madras HC

G. Jothipaul Vs Kanishk Gold Private Limited (Madras High Court) The revision petition before the Madras High Court arose from an order of the Principal District Judge, Kanchipuram, rejecting a plaint at the stage of institution. The plaintiffs challenged the rejection, contending that the trial court had erred in refusing to number the suit and rejecting the plaint on the grounds of a jurisdictional bar under Section 231 of the Insolvency and Bankruptcy Code, 2016 and limitation. The petitioners argued that the suit sought a declaration challenging certain sale deeds. Earlier, they had filed ...