The documents being balance sheets and settlement offers relating to acknowledgement claiming benefit of Section 18 of Limitation Act, 1963 could be accepted even at the appellate stage – Axis Bank Ltd. Vs. Naren Sheth & Anr. – Supreme Court

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In order to make a person vicariously liable for an offence committed by company under Section 138 of Negotiable Instruments Act, 1881, the first and foremost pre-condition is that the said person should either be a signatory of the cheque or should be holding a position in the company and should also be responsible for the conduct of the business of the company while holding such designation – Ridhima Jain Vs. M/s Interarch Building Products Pvt. Ltd. – Delhi High Court

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In case of realisation of Security Interest u/s 52(1)(b) of IBC, whether a Secured Creditor can charge interest till the date of realisation of sale proceeds or he is confined to the amount of principal and interest as claimed in Form D – DBS Bank India Ltd. Vs. Kuldeep Verma, Liquidator of Eastern Gases Ltd. – NCLAT New Delhi

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IBC would prevail over the Customs Act, 1962 and once moratorium is imposed in terms of Sections 14 or 33(5) of the IBC, the Custom authority only has a limited jurisdiction to assess/determine the quantum of customs duty and other levies – Sundaresh Bhatt, Liquidator of ABG Shipyard Vs. Central Board of Indirect Taxes and Customs – Supreme Court of India

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Once the Corporate Debtor was admitted into CIRP and Resolution Plan is approved, yet NCLT is vested with the jurisdiction to entertain the Petition related to Personal guarantees of Corporate Debtor – State Bank of India Vs. Ms. Savita Satish Gowda – NCLT Mumbai Bench

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A question whether an asset secured by the borrower is actually owned by him or not, can not be within the domain of a DRAT under Section 17 of the SARFAESI Act, 2002 & shall primarily be within the jurisdiction of the Civil Court – Sagar Singh Damor Vs. Deepak Sharma and Others – Madhya Pradesh High Court

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