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of <h1>Proceedings under Indian Companies Act cannot continue against deceased director's heirs. Petition dismissed.</h1> <h3>Pattiam Veettil Menokki Sankaran Nambiar Versus Official Liquidators, Kottayam Bank</h3> The court held that proceedings under section 235 of the Indian Companies Act cannot be continued against the heirs of a deceased director. The petition ... Winding up – Power of court to assess damages against delinquent, directors, etc. The judgment discusses whether proceedings under section 235 of the Indian Companies Act can be continued against the legal representatives of a deceased director. The court held that such proceedings cannot be continued against the heirs of a deceased director, based on previous decisions and the language of section 235. The petition to bring the respondents on record as heirs was dismissed.
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