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    <title>1958 (3) TMI 21 - HIGH COURT OF MADRAS</title>
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    <description>Section 235 of the Indian Companies Act, 1913 confers a limited personal remedy against an officer or director to investigate conduct in relation to company property; that remedy is confined to the lifetime of the officer. Established authorities and comparable English decisions construe the provision as non transmissible, so proceedings under Section 235 abate on the director&#039;s death and enforcement cannot be pursued against executors or legal representatives. Allowing continuation would require inquiries into the estate beyond the statutory purpose; accordingly liability under Section 235 does not survive against the deceased&#039;s legal representatives.</description>
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    <pubDate>Tue, 04 Mar 1958 00:00:00 +0530</pubDate>
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      <title>1958 (3) TMI 21 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=97564</link>
      <description>Section 235 of the Indian Companies Act, 1913 confers a limited personal remedy against an officer or director to investigate conduct in relation to company property; that remedy is confined to the lifetime of the officer. Established authorities and comparable English decisions construe the provision as non transmissible, so proceedings under Section 235 abate on the director&#039;s death and enforcement cannot be pursued against executors or legal representatives. Allowing continuation would require inquiries into the estate beyond the statutory purpose; accordingly liability under Section 235 does not survive against the deceased&#039;s legal representatives.</description>
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      <pubDate>Tue, 04 Mar 1958 00:00:00 +0530</pubDate>
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