https://www.taxtmi.com/caselaws?id=786046 Invocation of a corporate guarantee on 12.02.2020 triggered a fresh cause of action and the threeyear limitation period began from that date; acknowledgements recorded in subsequent balance sheets constituted acknowledgement within the meaning of the Limitation Act, extending limitation and rendering the 14.04.2025 filing timely. The Form1 annexed by the financial creditor contained requisite particulars of debt and default, and the Adjudicating Authority's consideration of amounts realised in liquidation and CIRP to determine outstanding debt was treated as public record. The appellate forum found no error in admitting the insolvency petition and dismissed the appeal. en-us Tue, 03 Feb 2026 00:00:00 +0530 Thu, 05 Feb 2026 09:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786046 Invocation of a corporate guarantee on 12.02.2020 triggered a fresh cause of action and the threeyear limitation period began from that date; acknowledgements recorded in subsequent balance sheets constituted acknowledgement within the meaning of the Limitation Act, extending limitation and rendering the 14.04.2025 filing timely. The Form1 annexed by the financial creditor contained requisite particulars of debt and default, and the Adjudicating Authority's consideration of amounts realised in liquidation and CIRP to determine outstanding debt was treated as public record. The appellate forum found no error in admitting the insolvency petition and dismissed the appeal. Case-Laws IBC Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786046