Back
NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Mohd. Faiz Alam Khan, Member (Judicial)
DINESHBHAI PREMJIBHAI LATHIDADIA – Appellant
Versus
THE SARVODAYA SAHAKARI BANK LIMITED – Respondent
| Table of Content |
|---|
| 1. factual background of personal guarantees and defaults (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13) |
| 2. appellants argue section 95 applications barred by limitation (Para 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21) |
| 3. respondents claim decree, covid extension, acknowledgments extend limitation (Para 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30) |
| 4. admitted facts and timeline of events confirmed (Para 31 , 32 , 33 , 34 , 35 , 36 , 37) |
| 5. definitions of debt, default, personal guarantor under ibc (Para 38 , 39 , 40 , 41) |
| 6. precedents on limitation, acknowledgments, covid extensions (Para 42 , 43 , 44 , 45 , 46 , 47) |
| 7. errors in nclt's limitation calculation identified (Para 48 , 49 , 50 , 51 , 52 , 53 , 54 , 55 , 56 , 57) |
| 8. potential acknowledgments require fresh nclt consideration (Para 58 , 59 , 60 , 61 , 62) |
| 9. appeals allowed, matter remanded for fresh decision (Para 63 , 64 , 65 , 66 , 67) |
J U D G M E N T
(Hybrid Mode)
[Per: Justice Mohd. Faiz Alam Khan, Member (Judicial)]
1.Both above placed appeals are connected with each other and the issue involved in both the appeals is identical, therefore for the sake of convenience and for the purpose of appreciation o
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
