https://www.taxtmi.com/caselaws?id=96652 Whether appeals under Section 186 lie where winding-up is conducted under court supervision: the court applied the principle that orders made in supervisory winding-up are on the same footing as orders in winding-up by the Court and therefore appeals under Section 186 are competent. Whether liquidators' applications were time-barred: the court found the applications were filed more than three years after share forfeiture, accepted the limitation defence and dismissed the applications as barred by the statutory limitation; accordingly the appeals succeed on competency but fail on limitation. en-us Thu, 21 Jun 1934 00:00:00 +0530 Tue, 10 Jan 2012 11:01:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96652 Whether appeals under Section 186 lie where winding-up is conducted under court supervision: the court applied the principle that orders made in supervisory winding-up are on the same footing as orders in winding-up by the Court and therefore appeals under Section 186 are competent. Whether liquidators' applications were time-barred: the court found the applications were filed more than three years after share forfeiture, accepted the limitation defence and dismissed the applications as barred by the statutory limitation; accordingly the appeals succeed on competency but fail on limitation. Case-Laws Companies Law Thu, 21 Jun 1934 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96652