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Documents relating to acknowledgment claiming benefit of section 18 of Limitation Act acceptable at appellate stage
Case Law Details
- Case Name
- Axis Bank Limited Vs Naren Sheth & Anr. (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
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Axis Bank Limited Vs Naren Sheth & Anr. (Supreme Court of India)
Supreme Court held that the documents relating to acknowledgement claiming benefit of Section 18 of the Limitation Act can be accepted even at the appellate stage. Further, acknowledgment of debt in the balance sheet has been held to be a valid acknowledgment for the benefit of Section 18 of the Limitation Act.
Facts- The appellant entered into a leave and license agreement with Universal Premises and Textiles Private Limited for the premises being Ground to 10th floor in the building named Solaris “C”. A...
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