2018 (9) TMI 1958

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....man Kapur, Sr. Adv. and Paranjay Chopra, Adv. JUDGMENT Jayant Nath, I.A. No. 6742/2018 1. This application is filed seeking a decree on admission under Order 13A Rule 3 of the Commercial Courts, Commercial Division and Commercial Appellate Division of the High Courts Act, 2015 for a sum of Rs. 2,25,38,966/-. 2. This suit is filed for recovery of Rs. 4,86,18,363/- along with interest....

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....dly necessary to cite authorities in support of the well-established position that an entry made in the company's balance sheet amounts to an acknowledgement of the debt and has the effect of extending the period of limitation under section 18 of the Limitation Act, 1963. However, I may refer to only one decision of the learned single judge of this Court (Manmohan, J.) in Bhajan Singh Samra v.....