https://www.taxtmi.com/caselaws?id=301284 A written acknowledgment under the Limitation Act requires a clear admission of a present subsisting liability and an intention to recognise the debtor-creditor relationship. Filing a neat amended copy of an insolvency petition after addition of a party was held to be a procedural step only; it did not amount to a fresh petition or a new admission of debt. The mere addition of a creditor did not transform the amended filing into an acknowledgment of liability or extend limitation. Accordingly, the amended copy was not an acknowledgment under Section 18, and the suits remained time-barred. en-us Fri, 24 Sep 1993 00:00:00 +0530 Thu, 24 Mar 2022 12:14:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301284 A written acknowledgment under the Limitation Act requires a clear admission of a present subsisting liability and an intention to recognise the debtor-creditor relationship. Filing a neat amended copy of an insolvency petition after addition of a party was held to be a procedural step only; it did not amount to a fresh petition or a new admission of debt. The mere addition of a creditor did not transform the amended filing into an acknowledgment of liability or extend limitation. Accordingly, the amended copy was not an acknowledgment under Section 18, and the suits remained time-barred. Case-Laws Indian Laws Fri, 24 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301284