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
default being 31st July, 2013, the balance sheet
as on 31st March, 2017, which was the only balance sheet available before
the Adjudicating Authority, does ... date of the signing of the balance-sheet and the end of
the previous year. The balance-sheet contains no
admission of the amount
extension of period of
limitation. Appellant claims that balance-sheet cannot be relied on for
acknowledgment under Section 18 . Reference is made to Judgment ... that in those Judgments it has been held that balance-sheet is not an
acknowledgment of debt. It is also argued that in the present
this Tribunal has observed that if Balance-Sheet of the Company is considered
to be acknowledgment of debt then in effect there would ... Report
(Annexure A19 -Page 316) in the part of Balance-Sheet of 2016-17 showing
acknowledgment of Rs. 35,28,33,333 as on 31st
shareholders. Therefore in
understanding the balance-sheets and in explaining the
statements in the balance-sheets, the balance-sheets
together with the Directors' report ... true the balance-sheet is a
statutory document and perhaps is a separate
document but the balance-sheet not confirmed or
passed by the shareholders
Parties Confirmation for Investment.
2. Bank Statement.
3. Income Tax acknowledgement
4. Balance sheet for Net worth.
5. ROC Master Data- Active ... Parties confirmation for Investment.
2 Bank Statement.
3 Income Tax acknowledgement.
4 Balance sheet for Net worth.
5 ROC Master Data- Active
claim of SBI.
(iii) The balance sheets that have been filed in these
proceedings are not the actual balance-sheets of the
Company Appeal ... balance sheets which were filed before DRT and the
comparison of the original balance sheets brought
on record by the Corporate Debtor with the balance
submitted that in the Balance Sheets of the Respondent which
have been filed before the Adjudicating Authority i.e. Balance Sheet ... Balance Sheet maintained by the Corporate Debtor where the receipt of
amount of Rs. 40.75 Crores has been admitted. In the Balance Sheet
date of the aforesaid Balance Sheet relied upon by
the FC. Therefore, such Balance Sheets cannot amount to an
acknowledgement as contemplated under Section ... entry made in the balance sheet qua any particular
creditor is unequivocal or not. The balance sheet, like other documents, have
to be read
period from acknowledgment of debt as claimed by
the Appellant. It is now well settled that acknowledgment in the Balance Sheet
is sufficient acknowledgment under ... after noticing the
balance sheet did not advert to the balance sheet to find out as to whether
there is an acknowledgment within the meaning
