Tag: acknowledgementofdebtbalancesheet
Case Analysis: Vidyasagar Prasad vs UCO Bank (2024 INSC 810 ) Interpreting Acknowledgment of Debt and Limitation in IBC Proceedings
Introduction In Vidyasagar Prasad v. UCO Bank, the Supreme Court dismissed an appeal against the initiation of a Corporate Insolvency Resolution Process (CIRP) under Section 7 of the IBC. This appeal was filed by Vidyasagar
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