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CIRP against debtor was to be rejected as claim was barred by limitation: NCLT

May 8, 2019[2019] 105 45 (NCLT-Beng.)

IBC: Where corporate debtor had already filed civil suit for violation of trademark against operational creditor well before receipt of demand notice and outcome of suit would have bearing on claim in question, CIRP application filed against corporate debtor was to be rejected

IBC: Where operational creditor filed CIRP application in year 2017 in respect of claim related to year 2012, claim itself being barred by limitation, application was to be rejected

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