https://www.taxtmi.com/caselaws?id=284200 Acknowledgment of liability appearing in a party's own pleadings and ledger accounts can extend limitation under Section 18 of the Limitation Act, 1963, and the tribunal may rely on admitted documents already on record even without a separate formal pleading. The commentary also explains that disqualification under Section 164(2)(a) of the Companies Act, 2013 does not by itself vacate a director's office, and Section 167(1)(a) should be read so that automatic vacation does not follow from that disqualification alone. On that basis, directors remain competent to act for the company and file the reference. en-us Tue, 09 Jul 2019 00:00:00 +0530 Thu, 07 Nov 2019 06:12:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284200 Acknowledgment of liability appearing in a party's own pleadings and ledger accounts can extend limitation under Section 18 of the Limitation Act, 1963, and the tribunal may rely on admitted documents already on record even without a separate formal pleading. The commentary also explains that disqualification under Section 164(2)(a) of the Companies Act, 2013 does not by itself vacate a director's office, and Section 167(1)(a) should be read so that automatic vacation does not follow from that disqualification alone. On that basis, directors remain competent to act for the company and file the reference. Case-Laws Indian Laws Tue, 09 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284200