https://www.taxtmi.com/caselaws?id=97913 Upon commencement of winding up and appointment of the official liquidator, the managing agent was deemed to vacate office and ceased to have authority to act for the company. The company-law scheme vested power to institute or defend proceedings in the liquidator alone, subject to the court's sanction. A managing director or managing agent could not independently file or continue an appeal on the company's behalf after the winding-up order. The preliminary objection was therefore sustained, and the appeal was held not maintainable by those former management officers. en-us Tue, 06 Mar 1962 00:00:00 +0530 Wed, 27 Aug 2014 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97913 Upon commencement of winding up and appointment of the official liquidator, the managing agent was deemed to vacate office and ceased to have authority to act for the company. The company-law scheme vested power to institute or defend proceedings in the liquidator alone, subject to the court's sanction. A managing director or managing agent could not independently file or continue an appeal on the company's behalf after the winding-up order. The preliminary objection was therefore sustained, and the appeal was held not maintainable by those former management officers. Case-Laws Companies Law Tue, 06 Mar 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97913