Exclusion of limitation periods for suits on behalf of companies in winding up, disregarding the winding-up span and immediate post-order period. For suits or applications filed on behalf of a company being wound up by the Tribunal, the time from commencement of winding up until the winding up order and an immediate period following the winding up order are excluded when computing the prescribed period of limitation, operating notwithstanding the Limitation Act or other law.
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Provisions expressly mentioned in the judgment/order text.
Exclusion of limitation periods for suits on behalf of companies in winding up, disregarding the winding-up span and immediate post-order period.
For suits or applications filed on behalf of a company being wound up by the Tribunal, the time from commencement of winding up until the winding up order and an immediate period following the winding up order are excluded when computing the prescribed period of limitation, operating notwithstanding the Limitation Act or other law.
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