IBC| Acknowledgement Of Debt In Balance Sheets Of Company Amounts To Acknowledgement Of Liability: S

The Supreme Court has upheld NCLAT’s order affirming the initiation of CIRP proceedings by the UCO Bank against a corporate debtor, holding that acknowledgement of debt in the balance sheets. The Verdictum is a leading Indian legal news portal where you will get all legal news of the country including Supreme Court and high court news in one place.