The National Company Law Appellate Tribunal, New Delhi Bench, comprising of Justice Anant Bijay Singh and Ms. Shreesha Merla, while adjudicating an appeal filed in Tejas Khandhar v Bank of Baroda, has held that a One Time Settlement proposal falls within the definition of 'acknowledgement of debt' under Section 18 of the Limitation Act, 1963. Further, the acknowledgment must be …
The Appointments Committee of the Cabinet has approved the proposal of the Department of Financial Services for the appointment of Chairpersons in all the Fiver DRATs.The following persons have been appointed as chairpersons in the salary of Rs.2,50,000/- p.m., for a period of 04 years, or till attaining the age of 70 years, or until further. DRAT, Mumbai Justice Ashok …
