Advocate Sushila
SUPREME COURT REITERATES THAT ACKNOWLEDGEMENT OF LIABILITY HAS THE EFFECT OF EXTENDING LIMITATION PERIOD
Advocate Sushila Ram 18 Apr 2021

SUPREME COURT REITERATES THAT ACKNOWLEDGEMENT OF LIABILITY HAS THE EFFECT OF EXTENDING LIMITATION PERIOD

The #SupremeCourt has in a recent case of Asset Reconstruction Company (India) Limited vs Bishal Jaiswal and Anr. passed a Judgment dated 15-04-2021 and reiterated that #acknowledgement of #liability/#debt has the effect of commencing a fresh period of #limitation under Section 18 of the Limitation Act 1963 and such acknowledgement must be contained in a document addressed to the creditor.


To read more, please visit the link below:


https://theindianlawyer.in/supreme-court-reiterates-that-acknowledgement-of-liability-has-the-effect-of-extending-limitation-period/


#limitation #liability #acknowledge #creditor #debtor #ibc #supremecourt

Did you find this write up useful? YES 0 NO 0
LEO   18 Jan 2023 8:13pm
Contact him for any type of hacking, he is a professional hacker that specializes in exposing cheating spouses, and every other hacking related issues. read more
Reply
×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.
×

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com