https://www.taxtmi.com/caselaws?id=96690 Rent accrued before commencement of winding up is an ordinary unsecured provable debt, recoverable only through rateable distribution among creditors. Rent accruing after winding up, while the company or liquidator remains in possession of leased premises, is payable in full under the lease because the lease continues with both its benefits and burdens. Applying the English distinction in the absence of conflict with the Companies Act, pre-winding-up rent was subject to rateable distribution, whereas post-winding-up rent, including contractual interest, was payable in full by the liquidator. en-us Thu, 14 Mar 1935 00:00:00 +0530 Tue, 10 Jan 2012 13:09:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96690 Rent accrued before commencement of winding up is an ordinary unsecured provable debt, recoverable only through rateable distribution among creditors. Rent accruing after winding up, while the company or liquidator remains in possession of leased premises, is payable in full under the lease because the lease continues with both its benefits and burdens. Applying the English distinction in the absence of conflict with the Companies Act, pre-winding-up rent was subject to rateable distribution, whereas post-winding-up rent, including contractual interest, was payable in full by the liquidator. Case-Laws Companies Law Thu, 14 Mar 1935 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96690