Entry In Balance Sheet Amounts To Acknowledgment Of Liability: NCLT Kochi
LIVELAW NEWS NETWORK
22 Feb 2022 4:46 PM IST
The NCLT, Kochi Bench consisting of Mr. Ashok Kumar Borah, Judicial Member and Mr. Anil Kumar, Technical Member in M/s Pheonix ARC Private Ltd. v. Kerala Chamber of Commerce and Industries reiterated that acknowledgement of debt in the balance sheet of the Corporate Debtor comes within the meaning of acknowledgment u/s 18 of the Limitation Act, 1963 and has the effect of...
This is a premium content
Available exclusively to
Our subscribers
Subscribe Premium
INR 1099+GST
Your support helps us to bring you more content at
an affordable subscription scheme !!!
All payment options available
Tags
Next Story


