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    <title>1945 (1) TMI 13 - IN THE PRIVY COUNCIL</title>
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    <description>An order made under section 186(1) of the Indian Companies Act, 1913, when enforceable under section 199 as if it were a decree, is treated as an application for execution of a decree for the purposes of section 73(1) of the Code of Civil Procedure, 1908. Reading the execution provisions together, the applicant satisfies the statutory requirement of having applied for execution of a decree and may claim rateable distribution of assets. The narrower construction excluding such an order from section 73(1) is rejected, and the claimant&#039;s objection succeeds.</description>
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    <pubDate>Thu, 18 Jan 1945 00:00:00 +0630</pubDate>
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      <title>1945 (1) TMI 13 - IN THE PRIVY COUNCIL</title>
      <link>https://www.taxtmi.com/caselaws?id=96919</link>
      <description>An order made under section 186(1) of the Indian Companies Act, 1913, when enforceable under section 199 as if it were a decree, is treated as an application for execution of a decree for the purposes of section 73(1) of the Code of Civil Procedure, 1908. Reading the execution provisions together, the applicant satisfies the statutory requirement of having applied for execution of a decree and may claim rateable distribution of assets. The narrower construction excluding such an order from section 73(1) is rejected, and the claimant&#039;s objection succeeds.</description>
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      <pubDate>Thu, 18 Jan 1945 00:00:00 +0630</pubDate>
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