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2021 (4) TMI 1181 - Tri - Insolvency and BankruptcyMaintainability of application - initiation of CIRP - Corporate Debtor failed to make repayment of its dues - Financial Creditors - existence of debt and dispute or not - HELD THAT:- On perusal of the documents produced by the Financial Creditor, it is pertinent to note that the first balance confirmation letter has the stamp of the Corporate Debtor but there is no signature, except "For Harsh" has been written below the stamp of the Corporate Debtor. The other balance confirmation dated 31.03.2017 has a stamp and signature but the signatory has not given his identification below the signature, hence we are unable to deduce if that has been endorsed by the Corporate Debtor. It appears to the naked eye that the last balance confirmation letter in which there is a signature appears to be forged. Hence, the balance confirmations cannot be considered under section 18 of the Limitation Act, 1872 as acknowledgements. Petition dismissed.
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