Initiation of CIRP - NCLT admitted the application u/s 7 - ...

NCLT Initiates Insolvency Process as Corporate Debtor Acknowledges Debt, Extending Limitation Period u/s 18.

November 22, 2023

Case Laws Insolvency and Bankruptcy AT

Initiation of CIRP - NCLT admitted the application u/s 7 - period of limitation - The application filed by the Respondent No. 1 was not barred by time there being continuous acknowledgment in their respective balance sheets of the Corporate Debtor which acknowledgment was within the meaning of Section 18 of the Limitation Act extending the period of limitation by fresh period of limitation by each acknowledgment. - AT

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Initiation of CIRP - NCLT admitted the application u/s 7 - ...

NCLT Initiates Insolvency Process as Corporate Debtor Acknowledges Debt, Extending Limitation Period u/s 18.

November 22, 2023

Case Laws Insolvency and Bankruptcy AT

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