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Time Spent For SARFAESI Proceedings Can Be Excluded For Computing Limitation Under IBC : NCLAT

Time Spent For SARFAESI Proceedings Can Be Excluded For Computing Limitation Under IBC : NCLAT

Since the proceedings initiated under the SARFEASI Act were within limitation period, NCLAT held that the Financial Creditor was entitled for the exclusion of time period under the Limitation Act.

2 Dec 2019 5:13 AM GMT