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    <title>1966 (9) TMI 69 - HIGH COURT OF ANDHRA PRADESH</title>
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    <description>Statutory liability for recovery of unpaid amounts from directors under section 86D of the Indian Companies Act, 1913 survives against a deceased director&#039;s legal representatives unless the statute expressly makes the remedy personal. Section 235 provides a limited winding-up procedure for misfeasance and repayment or contribution; it does not exclude the company&#039;s general right to sue former directors under section 86D. The legal representatives could therefore be brought on record and the suit remained maintainable against the deceased director&#039;s estate. Sufficient cause for delay in seeking substitution and setting aside abatement was accepted, as the lower court&#039;s discretionary finding disclosed no jurisdictional error.</description>
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    <pubDate>Thu, 22 Sep 1966 00:00:00 +0530</pubDate>
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      <title>1966 (9) TMI 69 - HIGH COURT OF ANDHRA PRADESH</title>
      <link>https://www.taxtmi.com/caselaws?id=98355</link>
      <description>Statutory liability for recovery of unpaid amounts from directors under section 86D of the Indian Companies Act, 1913 survives against a deceased director&#039;s legal representatives unless the statute expressly makes the remedy personal. Section 235 provides a limited winding-up procedure for misfeasance and repayment or contribution; it does not exclude the company&#039;s general right to sue former directors under section 86D. The legal representatives could therefore be brought on record and the suit remained maintainable against the deceased director&#039;s estate. Sufficient cause for delay in seeking substitution and setting aside abatement was accepted, as the lower court&#039;s discretionary finding disclosed no jurisdictional error.</description>
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      <pubDate>Thu, 22 Sep 1966 00:00:00 +0530</pubDate>
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