https://www.taxtmi.com/caselaws?id=787068 Examines whether outstanding debt and default, evidenced by ledger entries and NeSL records and unchallenged by reconciliation or statement of account, justify admission of an insolvency petition; holds that established debt and default mandate admission of the petition. Addresses limitation by treating the recorded date of default in loan records and NeSL as the trigger for the limitation period, concluding the filing was within time. Operative legal points: evidentiary weight of NeSL records and debtor's failure to produce reconciliatory account, and use of recorded date of default for limitation assessment. en-us Fri, 06 Feb 2026 00:00:00 +0530 Thu, 26 Feb 2026 07:35:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787068 Examines whether outstanding debt and default, evidenced by ledger entries and NeSL records and unchallenged by reconciliation or statement of account, justify admission of an insolvency petition; holds that established debt and default mandate admission of the petition. Addresses limitation by treating the recorded date of default in loan records and NeSL as the trigger for the limitation period, concluding the filing was within time. Operative legal points: evidentiary weight of NeSL records and debtor's failure to produce reconciliatory account, and use of recorded date of default for limitation assessment. Case-Laws IBC Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787068