[BREAKING] Supreme Court rules balance sheets can amount to acknowledgment of debts under Section 18 of Limitation Act; V Padmakumar set aside

The judgment was delivered by a three-judge Bench of Justice Rohinton Nariman, BR Gavai and Hrishikesh Roy.
Supreme Court, NCLAT
Supreme Court, NCLAT
Published on
3 min read

The Supreme Court on Thursday ruled that balance sheets can amount to acknowledgment of debt under Section 18 of the Limitation Act [Asset Reconstruction Company (India Limited v. Bishal Jaiswal].

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com