(Querist) 06 September 2013
This query is : Resolved
I want to know whether the supreme court has announced any decision on applicability of the section 5 of limitation act to application under section 17 of Serfaesi act. I heard that such a decision is announced recently. If so and if some one knows pls shed some light on this. Thanks in advance Prasanna
RAVI B SHAH
(Expert) 07 September 2013
It was held in case of 2010 AIR (CAL) 138 that, section 5 of limitation act is not applicable in case of appeal under sec. 17 of Serfaesi act and the same decision was under challenge in SC but as per my best knowledge it is yet not decided.