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    <title>1962 (7) TMI 19 - HIGH COURT OF MYSORE</title>
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    <description>Liquidators in voluntary winding up may themselves make calls and sue for unpaid calls without prior court sanction; this power is exercisable under the statutory scheme governing voluntary liquidators and supports suits for recovery. Preparation of a contributories list is not a precondition to such calls or to maintaining suit in a voluntary winding up. Calls made or outstanding at the commencement of voluntary winding up become statutory contributory liabilities arising ex lege rather than purely contractual debts, and for limitation purposes such statutory liabilities are governed by the residuary limitation provision rather than the article applicable to pre-winding contractual calls.</description>
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    <pubDate>Wed, 25 Jul 1962 00:00:00 +0530</pubDate>
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      <title>1962 (7) TMI 19 - HIGH COURT OF MYSORE</title>
      <link>https://www.taxtmi.com/caselaws?id=97966</link>
      <description>Liquidators in voluntary winding up may themselves make calls and sue for unpaid calls without prior court sanction; this power is exercisable under the statutory scheme governing voluntary liquidators and supports suits for recovery. Preparation of a contributories list is not a precondition to such calls or to maintaining suit in a voluntary winding up. Calls made or outstanding at the commencement of voluntary winding up become statutory contributory liabilities arising ex lege rather than purely contractual debts, and for limitation purposes such statutory liabilities are governed by the residuary limitation provision rather than the article applicable to pre-winding contractual calls.</description>
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      <pubDate>Wed, 25 Jul 1962 00:00:00 +0530</pubDate>
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