https://www.taxtmi.com/highlights?id=63868 Initiation of CIRP - Period of limitation -acknowledgement of debts in the Balance Sheet - the acknowledgement in Balance Sheet for FY 2016-17, relied upon by the Financial Creditor, is unequivocal and crystallizes the issue of ‘acknowledgement of debt’ as defined under Section 18 of the Limitation Act, 1963 - this Tribunal is of the earnest view that the Application filed under Section 7 of the Code is well within the period of Limitation. - AT en-us Sat, 04 Jun 2022 14:26:18 +0530 Sat, 04 Jun 2022 14:26:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63868 Initiation of CIRP - Period of limitation -acknowledgement of debts in the Balance Sheet - the acknowledgement in Balance Sheet for FY 2016-17, relied upon by the Financial Creditor, is unequivocal and crystallizes the issue of ‘acknowledgement of debt’ as defined under Section 18 of the Limitation Act, 1963 - this Tribunal is of the earnest view that the Application filed under Section 7 of the Code is well within the period of Limitation. - AT Highlights Insolvency and Bankruptcy Sat, 04 Jun 2022 14:26:18 +0530 https://www.taxtmi.com/highlights?id=63868