C.A. No. 002277 - / 2021
PUNJAB NATIONAL BANK vs VIJAY SITARAM DANDNAIK
Status
DISPOSED
Judges
HON'BLE MR. JUSTICE S. ABDUL NAZEER and HON'BLE MR. JUSTICE V. RAMASUBRAMANIAN
Order Date
30-08-2022
Citation
2022 INSC 887
Filed On
12-04-2021 02:22 PM
AI Summary
For a Section 7 IBC application, the three-year limitation period under Article 137 of the Limitation Act runs from the date a Recovery Certificate is issued by DRT, not merely from the date of NPA declaration, and Section 18 acknowledgment of liability can further extend this period.