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Mrs. Vijay Gupta And Ors. vs Sh. Ashok Kumar Gupta on 1 March, 2007

28. To bolster up the aforesaid submission, Dr. Tulzapurkar placed reliance on the judgment of the Delhi High Court in the case of Vijay Gupta and Others vs. Ashok Kumar Gupta 2 and Karnataka High Court in the case of Raj A. menda and Others vs. M/s. Rani Rasamani Real Estate and Others3. The circumstances, in which a decree on an admission can be justifiably passed under Order XII Rule 6 of the Code of Civil Procedure, 1908 were considered in the aforesaid judgments.
Delhi High Court Cites 15 - Cited by 35 - S Kumar - Full Document

Ultramatix Systems Pvt. Ltd. vs State Bank Of India And Ors. on 29 March, 2007

of the statement in the balance-sheet that the claim for interest and principal was in dispute, a decree on admission could not have been passed on the basis of audit report which forms part of the balance- sheet. The Division Bench followed the judgment of another Division Bench of this Court in the case of Ultramatix Systems Pvt. Ltd. vs. State Bank of India and Others5 wherein it was enunciated that the statement contained in the balance sheet and profit and loss account of a company would an admission of its liability, unless subsequent balance sheets were filed to show that either the amounts have been paid or were not due and payable and/or any other material was produced to hold otherwise.
Bombay High Court Cites 18 - Cited by 3 - F I Rebello - Full Document

M/S Reliance Asset Reconstruction ... vs M/S Hotel Poonja International Pvt. ... on 21 January, 2021

30. Mr. Patil also placed reliance on the judgment of the Supreme Court in the Reliance Asset Reconstruction Company Limited vs. Hotel Poonja International Private Limited6 wherein in the facts of the said case in view of the note appended to the balance-sheet, it was held that in view of the notes, the balance-sheet cannot be treated as an acknowledgment of the liability.
Supreme Court - Daily Orders Cites 21 - Cited by 4 - I Banerjee - Full Document

Asset Reconstuction Company (India) ... vs Tulip Star Hotels Limited on 1 August, 2022

26. Dr. Saraf, learned senior counsel for the plaintiff, submitted that the aforesaid explanation which came to be added after institution of the suit is of no significance as it is self serving. Placing reliance on the judgment of the Supreme Court in the case of Asset Reconstruction Company (India) Limited vs. Tulip Star Hotels Limited and Others1 Dr. Saraf submitted that the acknowledgment in the balance-sheet for the year 2017-18 being unequivocal and contemporaneous with the advance, deserves precedence.
Supreme Court of India Cites 79 - Cited by 13 - I Banerjee - Full Document
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