https://www.taxtmi.com/caselaws?id=96730 A summary proceeding under the Companies Act may be used to determine a liquidator's claim where monies were received by the managing agent in his capacity as agent; accordingly the liquidator's Section 185 application was maintainable. Claims for arrears of salary and the two disputed items were disallowed because they were not pressed or were formally disallowed by directors' resolution. The agent's contractual right of retainer and lien for costs and liabilities may be recognised but require accounting and factual inquiry; therefore accounts should be taken to a proximate date and any balance prima facie payable to the liquidator directed to be paid. en-us Mon, 12 Oct 1936 00:00:00 +0530 Tue, 10 Jan 2012 16:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96730 A summary proceeding under the Companies Act may be used to determine a liquidator's claim where monies were received by the managing agent in his capacity as agent; accordingly the liquidator's Section 185 application was maintainable. Claims for arrears of salary and the two disputed items were disallowed because they were not pressed or were formally disallowed by directors' resolution. The agent's contractual right of retainer and lien for costs and liabilities may be recognised but require accounting and factual inquiry; therefore accounts should be taken to a proximate date and any balance prima facie payable to the liquidator directed to be paid. Case-Laws Companies Law Mon, 12 Oct 1936 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96730