Petition under Art.136 cannot be resorted to in order to circumvent limitation period: SC

The Supreme Court (SC) while dismissing a Special Leave Petition (SLP) filed against the order of the National Company Law Appellate Tribunal, Chennai, has held that, parties cannot take the recourse of SLP to circumvent the bar of limitation, especially, when a statutory appeal lies in the case. The SC by taking note that, the assailed order was appealable under Section 62 of the Insolvency & Bankruptcy Code, 2016, dismissed the SLP.