date of the signing of the balance-sheet
and the end of the previous year. The balance-sheet contains
no admission of the amount ... have an entry in a balance sheet with notes
annexed to or forming part of such balance sheet, or in the auditor’s report,
which
from time to time, passed the balance sheets before them and two of them signed the balance sheets on behalf of the board to fulfil ... been made in the balance sheet that the company owed a specified sum to a shareholder to whom the balance sheet was sent
last balance-
sheet filed by CD with ROC was in the year 2013, and
the same balance-sheet made no acknowledgement of
liability ... thereby acknowledged its debt.
14.12.2018 NCLT passed CIRP Order.
(ii) Acknowledgement in the balance-sheets,
filed by CD, of its debts due to FCs would
exact admission made in the balance-sheet for the year ended 30-11-1938 is as follows :
The balance-sheet is headed "Statement ... date of the signing of the balance-sheet and the end of the previous year. The balance sheet contain no admission of the amount
balance-sheet for the financial year 2014-15,
which, as pointed out by Mr. Kaul, was signed on 14.5.2015. The
balance-sheet acknowledged the continuance ... which the balance-
sheet was signed. Similarly, the balance-sheet for the following
financial year signed on 29.8.2016 also acknowledged the existence of
jural relationship
only balance-sheet on which any signature had been proved was "The Balance-Sheet as at 7th October, 1955." This balance-sheet ... balance-sheet, which does not conform to the requirements of the law in regard to balance-sheets, could be taken as an acknowledgment under Section
date of the balance-sheet, being the date to which the signature of the directors relates. Its my judgment the balance-sheet of the company ... balance-sheets, which has been duly audited and the balance-sheets are signed by the directors as hereinbefore stated, and also the letter of acknowledgment
that the balance-sheets as on June 30, 1979, and subsequent balance-sheets do not have any legal validity , as those balance-sheets have been ... sundry creditors as contained in the balance-sheet of the company, the balance-sheet contained an acknowledgment to the particular creditor. Similarly, in the case
entry in the Balance Sheet of F.Y. 2019-20 is
taken, since the said Balance Sheet was signed on 12.08.2020,
limitation would have extended ... Balance Sheet of F.Y. 2019-20 and as such the Balance Sheet
of F.Y. 2019-20 cannot be construed as an acknowledgement
delay was only of 662 days in view of the
acknowledgement in the Balance Sheet of the
Corporate Debtor for the financial year ending ... case of
Kotak Mahindra Bank Ltd. (supra).
24. A balance sheet acknowledging debt is also a
document relevant for calculating the limitation. This
has already
