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Supreme Court Allows Appeal in IBC Limitation Dispute — Application Under Section 7 Held Barred by Limitation. Acknowledgment of Debt in Balance Sheets Does Not Extend Limitation for Initiating CIRP Under IBC.

The Supreme Court allowed the appeal filed by Babulal Vardharji Gurjar, a director of Veer Gurjar Aluminium Industries Pvt. Ltd., against the order of...

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WRIT PETITION NO.388 OF 2016

The petitioners, a company importing and supplying ATMs to State Bank of India, filed a writ petition under Article 226 of the Constitution challengin...

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Bombay High Court Allows Appeal in Land Revenue Code Case — Suit Barred by Limitation. One-year limitation period under Article 14(4) of Goa, Daman and Diu Land Revenue Code, 1968 computed as British calendar year, suit filed on 24.10.2003 against order dated 24.10.2002 held time-barred.

The appeal arises from a judgment and decree dated 30.08.2007 passed by the Adhoc District Judge, FTC-I, South Goa, Margao, in Civil Suit No. 160 of 2...

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Bombay High Court Dismisses Suit Against Port Trust as Barred by Limitation Under Section 120 of Major Port Trust Act, 1963. Suit filed beyond six months from accrual of cause of action is not maintainable.

The plaintiff, American President Lines Ltd. and others, filed a suit against the Board of Trustees of the Port of Bombay (BPT) and Nahar Industrial E...

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Supreme Court Hears Appeal on Limitation Issue Regarding Temple Property Alienations. High Court had applied Art. 134-B of Limitation Act, 1908 and rejected adverse possession claim since alienor was alive.

The dispute concerned lands granted in inam to a temple. By 1929, the manager of the temple had sold all the properties through various sale deeds and...