Liability of creditors ceased to exist under sec. 41(1) when they didn't demand anything for more th

IT : Where assessee could not provide addresses, confirmation, etc., from two creditors and it was found that in last so many years those parties had never been seen by anybody and they had also not made any demand from assessee for last more than 10 years, liability in respect of said creditors was considered as having been ceased under section 41(1)