Supreme Court · 2022 INSC 159 · Decided 7 February 2022
M/S Wizaman Impex PVT. LTD. v. Kedrion Biopharma INC.
- Court
- Supreme Court of India
- Citation
- 2022 INSC 159 · [2022] 2 S.C.R. 120
- Case number
- CIVIL APPEAL No. 466/2022
- Decided
- 7 February 2022
- Bench
- DINESH MAHESHWARI, VIKRAM NATH (2-judge bench)
- Outcome
- Case Partly allowed
- Case type
- Civil
- Acts & sections cited
- IBC Section 9
Headnote
Insolvency and Bankruptcy Code, 2016 - s.9 - Corporate Insolvency Resolution - Respondent filed s.9 application against appellant-corporate debtor - National Company Law Tribunal ('NCLT') considered the documents referred by the contention that there had been acknowledgment of debt and thereby the period of limitation would shift from the date of acknowledgement - However, NCLT rejected the s.9 application by noting that, viewed from any angle, the application filed by the respondent was beyond the limitation period
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