https://www.taxtmi.com/caselaws?id=288006 The High Court of Calcutta condoned the marginal delay in the appeal, allowing it without costs. The winding-up petition against the respondent company was permanently stayed due to limitation. The court found the appellant's petition time-barred, noting the lack of identification in the financial statements. The court clarified the requirements for acknowledgment under the Limitation Act, emphasizing the need to identify the creditor and indebtedness. The court dismissed the appeals, upholding the winding-up petition stay, with costs to be paid to the respondent. en-us Wed, 19 Apr 2017 00:00:00 +0530 Thu, 14 May 2020 02:08:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288006 The High Court of Calcutta condoned the marginal delay in the appeal, allowing it without costs. The winding-up petition against the respondent company was permanently stayed due to limitation. The court found the appellant's petition time-barred, noting the lack of identification in the financial statements. The court clarified the requirements for acknowledgment under the Limitation Act, emphasizing the need to identify the creditor and indebtedness. The court dismissed the appeals, upholding the winding-up petition stay, with costs to be paid to the respondent. Case-Laws Companies Law Wed, 19 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288006