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Limitation Supreme Court DecisionsLaw of Limitation for Execution of Decrees from Reciprocating Territories

September 8, 20200

SUPREME COURT OF INDIA Bank of Baroda v. Kotak Mahindra Bank Civil Appeal no. 2175 of 2020 | Date: 17.03.2020 FACTS Kotak Mahindara Bank (“Respondent”) on the behalf of Aditya Steel Industries issued a letter of credit in favour of M/s. Granada Worldwide Investment Company, London (“GWIC”). Bank of Baroda (“Appellant”) was the confirming bank...

Insolvency & Bankruptcy LimitationIF THE APPELLANT HAD APPROACHED APPROPRIATE FORUM FOR APPROPRIATE REMEDY IN TIME WITH CONTINUOUS CAUSE OF ACTION, THEN THE CLAIM IS NOT BARRED BY LIMITATION

September 9, 20190

Insolvency and Bankruptcy Code, 2016 NATIONAL COMPANY LAW APPELLATE TRIBUNAL SANGHVI MOVERS Ltd. v. TECH SHARP ENGINEERS PVT. LTD. [Company Appeal (AT)(Insolvency) No. 118 of 2019] DATE: 23.07.2019 FACTS In this case a winding up petition was filed before the Madras High Court as the Appellant had outstanding dues against the services provided by the Respondent....

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