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    <title>1949 (4) TMI 15 - HIGH COURT OF MADRAS</title>
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    <description>Section 235 of the Indian Companies Act applies to companies in voluntary liquidation because its language, including &quot;in the course of winding up a company&quot; and &quot;liquidator,&quot; is broad enough to cover all modes of winding up. The objection that the provision is confined to court-ordered winding up fails. Section 216 does not restrict that position or exclude misfeasance proceedings in voluntary liquidation; its reference to questions arising in winding up and &quot;any other matter&quot; is not limited by ejusdem generis on the wording used. The provision therefore does not bar a misfeasance enquiry against directors or a liquidator in voluntary liquidation.</description>
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    <pubDate>Thu, 14 Apr 1949 00:00:00 +0530</pubDate>
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      <title>1949 (4) TMI 15 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=97029</link>
      <description>Section 235 of the Indian Companies Act applies to companies in voluntary liquidation because its language, including &quot;in the course of winding up a company&quot; and &quot;liquidator,&quot; is broad enough to cover all modes of winding up. The objection that the provision is confined to court-ordered winding up fails. Section 216 does not restrict that position or exclude misfeasance proceedings in voluntary liquidation; its reference to questions arising in winding up and &quot;any other matter&quot; is not limited by ejusdem generis on the wording used. The provision therefore does not bar a misfeasance enquiry against directors or a liquidator in voluntary liquidation.</description>
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      <pubDate>Thu, 14 Apr 1949 00:00:00 +0530</pubDate>
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