Section 7 IBC Plea Time-Barred as Unsupported Default Date Cannot Extend Limitation: NCLAT

NCLAT dismissed the Section 7 IBC appeal after finding the date of default uncertain and the debt time-barred; majority partner's authorisation was valid. The post Section 7 IBC Plea Time-Barred as Unsupported Default Date Cannot Extend Limitation: NCLAT appeared first on TaxGuru .