https://www.taxtmi.com/caselaws?id=96862 Section 294 of the Companies Act 1929 was construed by reference to its practical operation, with the Court holding that the relevant two-year period ran to the date of the application, not the date of the order. Because the timing of the Court's order was outside the parties' control, the section was not treated as imposing a jurisdictional bar merely because the order was made after two years from dissolution. Jurisdiction therefore existed where the application was issued within two years, even if the order followed later. en-us Mon, 26 May 1941 00:00:00 +0530 Wed, 11 Jan 2012 16:43:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96862 Section 294 of the Companies Act 1929 was construed by reference to its practical operation, with the Court holding that the relevant two-year period ran to the date of the application, not the date of the order. Because the timing of the Court's order was outside the parties' control, the section was not treated as imposing a jurisdictional bar merely because the order was made after two years from dissolution. Jurisdiction therefore existed where the application was issued within two years, even if the order followed later. Case-Laws Companies Law Mon, 26 May 1941 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96862