This document contains the judgement from the Supreme Court of India in the case of Asset Reconstruction Company (India) Limited V Bishal Jaiswal & Anr. The judgement primarily deals with the application of Section 18 of the Limitation Act concerning the acknowledgement of debt, particularly in the context of balance sheets. It clarifies whether entries in a company's balance sheet can be considered a valid acknowledgement of liability for extending the limitation period for legal proceedings. This judgement is crucial for legal professionals, financial institutions, and corporate entities involved in debt recovery and insolvency matters.
Download
Preview
