Supreme Court of India
Axis Bank Limited v. Naren Sheth & Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
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From the headnote
Issue for consideration: NCLAT dismissed the appeal fi led by the appellant upholding the order passed by the Adjudicating Authority whereby it admitted the application u/s.7, Insolvency and Bankruptcy Code, 2016 fi led by Respondent No.2-Secured Creditor against the Corporate Debtor, after condoning the delay. Respondent No.2 whether entitled to the benefi t of s.18, Limitation Act and whether s.5 thereof would also be applicable. Insolvency and Bankruptcy Code, 2016 – s.7 – Limitation Act, 1963 – ss.18, 5 – Respondent No.2 fi led application u/s.7 against the Corporate Debtor on 22.01.20 along
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