In Absence of Pleading, After Initiation of Insolvency Proceeding, Any Promise Made to Pay Debt Cannot Be Treated to Have Cured the Fault of Limitation in a Preexisting Action: SC
Recently, the Supreme Court ruled that in the absence of pleading, after initiation of insolvency proceeding, any promise made to pay debt cannot be treated to have cured the fault of limitation in a preexisting action. The bench of Justices Aniruddha Bose and Vikram Nath stated that “in the absence of averments or pleading, after
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