Acknowledgement of liability by Corporate Debtor through Email not valid, cannot Extend Period of limitation: NCLAT

By Yogitha S. Yogesh - On May 30, 2023 2:00 pm - 2 mins read
Acknowledgement of liability by Corporate Debtor - Acknowledgement of liability - Corporate Debtor - Corporate Debtor through Email not valid - Email - Extend Period of limitation - NCLAT - taxscan

The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that Acknowledgment of liability by a Corporate Debtor (CD) through Email is not valid and cannot extend the period of limitation. M/s. G.L. Shoes, the appellant who is an operational creditor challenged the Impugned Order whereby the Adjudicating Authority has dismissed the…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader