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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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Bombay High Court Dismisses Petition Challenging Addition of Party in Electricity Dues Suit. Addition of Petitioner as Defendant No.2 Upheld Under Order I Rule 10 CPC to Avoid Multiplicity of Proceedings and Effectuate Decree.

The petitioner, M/s Manidhari Air Products, challenged an order of the trial court allowing an application under Order I Rule 10 read with Section 151...

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Bombay High Court Dismisses Petition Challenging Addition of Party in Electricity Dues Suit. Trial Court's Discretion to Add Petitioner as Defendant No.2 Under Order I Rule 10 CPC Upheld to Avoid Multiplicity of Proceedings.

The petitioner, M/s Manidhari Air Products, challenged the order of the Civil Judge, Senior Division, Chandrapur, allowing an application filed by res...