Can time-barred debt be recovered? Supreme Court refers issue to three-Judge Bench

The reference is necessary for a comprehensive consideration and an authoritative pronouncement on the issue, the Court opined.

The Supreme Court on Wednesday referred to a three-judge Bench the question of whether time-barred debts (debts in respect of which civil suits cannot be filed because they are barred by limitation law) can be collected by invoking debt-recovery laws [KP Khemka and anr vs Haryana State Industrial and Infrastructure Corporation Limited and ors].

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