Date Of Coming Into Force Of IBC Wholly Irrelevant To The Triggering Of Any Limitation For Applications: SC [Read Judgment]

The Supreme Court has observed that the date of coming into force of the Insolvency and Bankruptcy Code does not and cannot form a trigger point of limitation for applications filed under the Code.The bench comprising Justice Rohinton Fali Nariman and Justice V. Ramasubramanian reiterated that, since such "applications" are petitions which are filed under the Code, it is Article 137 of...