https://www.taxtmi.com/caselaws?id=97909 In company winding-up proceedings, a creditor's proof of debt was held to be governed by insolvency principles, so the claim related back to the date of presentation of the winding-up petition. Because the petition had been presented before the debt became time-barred, the Limitation Act explanation dealing with institution of suits against a company in winding up did not control the proof of the claim in the company court. The claim was therefore within time and admissible. en-us Fri, 05 Jan 1962 00:00:00 +0530 Wed, 18 Jan 2012 15:28:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97909 In company winding-up proceedings, a creditor's proof of debt was held to be governed by insolvency principles, so the claim related back to the date of presentation of the winding-up petition. Because the petition had been presented before the debt became time-barred, the Limitation Act explanation dealing with institution of suits against a company in winding up did not control the proof of the claim in the company court. The claim was therefore within time and admissible. Case-Laws Companies Law Fri, 05 Jan 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97909