https://www.taxtmi.com/caselaws?id=780093 NCLAT held that an IRP/RP has authority to admit claims on behalf of the corporate debtor and such admission constitutes an acknowledgement under Section 18 of the Limitation Act, restarting limitation. Admission and subsequent updation of the claim in the earlier CIRP (22.05.2022 and 21.02.2024) provided fresh termini a quo, so the later CIRP petitions were not time-barred. The tribunal dismissed the appeals and confirmed the Adjudicating Authority's orders. en-us Wed, 15 Oct 2025 00:00:00 +0530 Sat, 18 Oct 2025 09:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780093 NCLAT held that an IRP/RP has authority to admit claims on behalf of the corporate debtor and such admission constitutes an acknowledgement under Section 18 of the Limitation Act, restarting limitation. Admission and subsequent updation of the claim in the earlier CIRP (22.05.2022 and 21.02.2024) provided fresh termini a quo, so the later CIRP petitions were not time-barred. The tribunal dismissed the appeals and confirmed the Adjudicating Authority's orders. Case-Laws IBC Wed, 15 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780093