Date of limitation starts from date of denial by debtor: NCLAT

Date of limitation starts from date of denial by debtor: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has held that a dispute raised with respect to the “quantum of the amount” in the absence of any suit or arbitration or other evidence cannot be said to be a “pre-existing dispute” in terms of Section 9 of the Insolvency and Bankruptcy Code, 2016.

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