https://www.taxtmi.com/caselaws?id=97709 Where a provisional liquidator has been appointed but is no longer in charge of the company's assets, a suit in the company's name verified by a director meets the formal requirements and is maintainable; statutory provisions charging a provisional liquidator with custody and sole authority to sue are operative only while the liquidator controls assets, and cease to bar proceedings once control is lost. Objections to the plaintiff's authority to sue must be raised by appropriate summary application (strike out or stay) rather than left as a defence at trial, and the plaint is not demurrable solely for the prior appointment of a provisional liquidator. en-us Tue, 16 Jul 1957 00:00:00 +0530 Tue, 17 Jan 2012 17:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97709 Where a provisional liquidator has been appointed but is no longer in charge of the company's assets, a suit in the company's name verified by a director meets the formal requirements and is maintainable; statutory provisions charging a provisional liquidator with custody and sole authority to sue are operative only while the liquidator controls assets, and cease to bar proceedings once control is lost. Objections to the plaintiff's authority to sue must be raised by appropriate summary application (strike out or stay) rather than left as a defence at trial, and the plaint is not demurrable solely for the prior appointment of a provisional liquidator. Case-Laws Companies Law Tue, 16 Jul 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97709