TaxTMI 
TaxTMI 
TaxTMI 
Sir,
Please let us know the limitation (time Limit) for claiming due payment from Private Limited company under the winding up/Insolvency clause.
Payment Due in the year 2009-10.
Thank you.
Winding Up/Insolvency petition
Basha AbdulRazack
Time Limit for Claiming Payments from 2009-10 under Winding Up Clause: File Within Official Liquidator's Deadline. A query was raised regarding the time limit for claiming due payments from a private limited company under the winding up/insolvency clause, specifically for payments due in the year 2009-10. The response indicated that the claim must be filed within the time frame set by the Official Liquidator, questioning whether the winding up process is still ongoing. (AI Summary)