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

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

Related Articles

Latest Articles