Breaking SUPREME COURT REAFFIRMS PUBLIC DOMAIN PROTECTION FOR DIGITAL LAWS
New Delhi · Tuesday, 22 September 2026 9888666310 | [email protected]
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Supreme Court of India 2017-10-24 dismissed

International Asset Reconstruction Company of India Ltd vs Official Liquidator of Aldrich Pharmaceuticals Ltd. and Others

Bench: 3 — Navin Sinha

In Brief

This case addresses whether the general condonation provisions of the Limitation Act can extend the 30-day appeal period under the Recovery of Debts and Bankruptcy Act. The Supreme Court held that the RDB Act is a complete, self-contained code for expedited debt recovery designed to facilitate bank recovery proceedings. Section 5 of the Limitation Act applies only to courts, not statutory tribunals, unless expressly granted. The RDB Act provides condonation powers only for original tribunal applications and appeals to the appellate tribunal, but conspicuously omits any condonation power for appeals against Recovery officer orders. This legislative exclusion prevents application of general limitation law to such appeals.

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Limitation Law Debt Recovery Administrative Law Statutory Tribunals Procedure and Jurisdiction

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