State Bank of India, claiming to be an Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Sical Logistics Ltd. The date of default was April 10, 2008. The Adjudicating Authority rejected the application, considering it was barred by limitation. The Appellant filed an appeal against this order. The Appellant's counsel argued that the Respondent did not raise the plea of limitation. The appellate tribunal condoned a delay of 7 days in filing the appeal but ultimately dismissed the appeal.

State Bank of India, claiming to be an Operational Creditor, filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Sical Logistics Ltd. The date of default was April 10, 2008. The Adjudicating Authority rejected the application, considering it was barred by limitation. The Appellant filed an appeal against this order. The Appellant's counsel argued that the Respondent did not raise the plea of limitation. The appellate tribunal condoned a delay of 7 days in filing the appeal but ultimately dismissed the appeal.