https://www.taxtmi.com/highlights?id=71407 Admission of application for CIRP - Period of limitation - An admission, is the best peace of evidence, which can be used against the Maker, and this can be taken advantage of, by a Party, which places reliance, so as to bind, the said Maker. - An admission, is not a self serving statement, but it is a self harming one. - It cannot be forgotten that the Corporate Debtor, had acknowledged the Debt, by offering One Time Settlement Proposal - Application was rightly admitted by the NCLT - AT en-us Thu, 10 Aug 2023 08:22:16 +0530 Thu, 10 Aug 2023 08:22:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71407 Admission of application for CIRP - Period of limitation - An admission, is the best peace of evidence, which can be used against the Maker, and this can be taken advantage of, by a Party, which places reliance, so as to bind, the said Maker. - An admission, is not a self serving statement, but it is a self harming one. - It cannot be forgotten that the Corporate Debtor, had acknowledged the Debt, by offering One Time Settlement Proposal - Application was rightly admitted by the NCLT - AT Highlights Insolvency and Bankruptcy Thu, 10 Aug 2023 08:22:16 +0530 https://www.taxtmi.com/highlights?id=71407