SC Stays NCLAT Order That Said Limitation Act Doesn't Apply To Proceedings Under IBC [Read Petition]

The Supreme Court on Wednesday stayed the order of the National Company Law Appellate Tribunal which said the provisions of the Limitation Act were not applicable for initiation of Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code (IBC).A bench of Justices Rohinton Fali Nariman and Navin Sinha stayed the November 7, 2017 order of NCLAT and issued notices on...