Just a moment...
Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page
Try Now →Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether misfeasance proceedings under section 235 of the Indian Companies Act could be continued after the death of the director against his heirs or other legal representatives, and whether section 306 of the Indian Succession Act enabled such substitution.
Analysis: Section 235 of the Indian Companies Act was construed as a summary remedy directed against the director personally during his lifetime and not as a proceeding intended to continue against heirs representing his estate. The earlier English authorities on the corresponding provision were followed. Section 306 of the Indian Succession Act was held to apply to executors or administrators as defined in that Act, and not to heirs merely representing an estate. Even on the wider argument that the proceeding was a special proceeding, the statutory language did not justify substitution of the deceased director's heirs in place of the original opposite party.
Conclusion: The misfeasance proceeding did not survive against the heirs or personal representatives as such, and substitution was not permissible.