NCLAT reverses NCLT Chennai orders dismissing ARCIL's Section 7 IBC applications against corporate guarantors Manoharamma Hotel and Bharani Properties.
Tribunal rules debt not time-barred as limitation period commences from DRT orders (2016/2018) and recovery certificate issuance (2016).
Remands cases to NCLT for fresh consideration on merits, excluding limitation objections based on Supreme Court precedent.