https://www.taxtmi.com/caselaws?id=97895 Limitation was held to bar only the remedy for enforcing an unpaid call in ordinary proceedings, not to extinguish the contributory's underlying statutory liability in winding up, so the claim remained maintainable. The court distinguished contractual debts from the distinct liability arising from membership and read the Limitation Act strictly, rejecting reliance on article 112 for the liquidation call. It also held that relief under section 19 of the Displaced Persons (Debts Adjustment) Act, 1951 could not be claimed after the section's fixed statutory life had expired, because the saving clause preserved only acts done or omitted during its operation. Both contentions therefore failed. en-us Thu, 16 Nov 1961 00:00:00 +0530 Wed, 18 Jan 2012 15:02:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97895 Limitation was held to bar only the remedy for enforcing an unpaid call in ordinary proceedings, not to extinguish the contributory's underlying statutory liability in winding up, so the claim remained maintainable. The court distinguished contractual debts from the distinct liability arising from membership and read the Limitation Act strictly, rejecting reliance on article 112 for the liquidation call. It also held that relief under section 19 of the Displaced Persons (Debts Adjustment) Act, 1951 could not be claimed after the section's fixed statutory life had expired, because the saving clause preserved only acts done or omitted during its operation. Both contentions therefore failed. Case-Laws Companies Law Thu, 16 Nov 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97895