FL-0047Fault Lines · Banking · Wanted
Limitation for Insolvency Applications
Scope
Three years from default, and whether balance sheet entries and settlement offers extend it.
Authorities to start from
- B.K. Educational Services (P) Ltd. v. Parag Gupta & Associates, (2019) 11 SCC 633
- Babulal Vardharji Gurjar v. Veer Gurjar Aluminium Industries (P) Ltd., (2020) 15 SCC 1
- Dena Bank v. C. Shivakumar Reddy, (2021) 10 SCC 330
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