Corporate insolvency resolution process amended with expanded disclosure, guarantor asset transfer rules, and new dissolution and restoration procedur...
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Insolvency and BankruptcyApril 30, 2021Case LawsTri
Maintainability of application - initiation of CIRP - It appears to the naked eye that the last balance confirmation letter in which there is a signature appears to be forged. Hence, the balance confirmations cannot be considered under section 18 of the Limitation Act, 1872 as acknowledgements. - Tri
Maintainability of application - initiation of CIRP - It appears to the naked eye that the last balance confirmation letter in which there is a signature appears to be forged. Hence, the balance confirmations cannot be considered under section 18 of the Limitation Act, 1872 as acknowledgements. - Tri
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