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TMI Blog2018 (9) TMI 1958X X X X Extracts X X X X X X X X Extracts X X X X ..... ce sheet extends the period of limitation. The acknowledgement is as on 31.3.2015. This suit is filed in 2017. The suit is clearly within limitation The present application is allowed. - CS (COMM) 513/2017 - - - Dated:- 19-9-2018 - Jayant Nath, J. For Appellant: Kirti Uppal, Sr. Adv., N.K. Kantawala and Satyender Chahar, Advs. For Respondents: Raman Kapur, Sr. Adv. and Paranjay Chopr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2011 (185) DLT 428 to contend that acknowledgement in the balance sheet by the defendant extends the period of limitation. 4. The learned senior counsel appearing for defendant No. 1 has only raised one submission, namely, the suit is barred by limitation. 5. In Shahi Exports Pvt. Ltd. vs. CMD Buildtech Pvt. Ltd. (supra) this court held as follows:- 7. It is hardly necessary to cite auth ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . The acknowledgement is as on 31.3.2015. This suit is filed in 2017. The suit is clearly within limitation The present application is allowed. CS (COMM) 513/2017 7. In view of the above order passed today in IA No. 6742/2018, a decree is passed in favour of the plaintiff against defendant No. 1 for a sum of ₹ 2,25,38,966/-. The plaintiff shall also be entitled to simple interest @ 12% ..... X X X X Extracts X X X X X X X X Extracts X X X X
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