Recovery of Debts and Bankruptcy Act, 1993 with Section 24 Archives

Supreme Court Clarifies Limitation Act Applicability to Review Petitions under RDB Act

Supreme Court Clarifies Limitation Act Applicability to Review Petitions under RDB Act LEGAL ISSUE: Whether the provisions of the Limitation Act, 1963 apply to review petitions filed under Rule 5A of the Debt Recovery Tribunal (Procedure) Rules, 1993, under the Recovery of Debts and Bankruptcy Act, 1993. CASE TYPE: Debt Recovery/Banking Law Case Name: Standard […]

Supreme Court settles Limitation Act applicability on appeals under Section 30 of Recovery of Debts and Bankruptcy Act: International Asset Reconstruction Company vs. The Official Liquidator (24 October 2017)

October 24, 2017 / Abhay Manohar Sapre, Debt Recovery Tribunal, Judges, Limitation Act, 1963, Limitation Act, 1963 with Section 5, Navin Sinha, Ranjan Gogoi, Recovery of Debts and Bankruptcy Act, 1993, Recovery of Debts and Bankruptcy Act, 1993 with Section 24, Recovery of Debts and Bankruptcy Act, 1993 with Section 30

Date of the Judgment: 24 October 2017 Citation: (2017) INSC 942 Judges: Ranjan Gogoi, J., Abhay Manohar Sapre, J., Navin Sinha, J. Can the delay in filing an appeal against a Recovery Officer’s order under the Recovery of Debts and Bankruptcy Act, 1993 be condoned by applying Section 5 of the Limitation Act, 1963? This

Supreme Court settles Limitation Act applicability on appeals under Section 30 of Recovery of Debts and Bankruptcy Act: International Asset Reconstruction Company vs. The Official Liquidator (24 October 2017) Read Post »