https://www.taxtmi.com/caselaws?id=98982 Section 446(2)(b) of the Companies Act, 1956 provides a special summary procedure for claims by or against a company in winding up, but it does not revive a claim that is already barred by limitation. The word "claim" in that provision refers only to a claim that is legally enforceable at law, and the company court cannot use the winding-up jurisdiction to defeat the limitation defence available in an ordinary suit. A time-barred claim therefore remains unenforceable even when presented under this provision, and such a claim cannot be entertained by the company court. en-us Fri, 25 Aug 1972 00:00:00 +0530 Tue, 24 Jan 2012 17:30:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98982 Section 446(2)(b) of the Companies Act, 1956 provides a special summary procedure for claims by or against a company in winding up, but it does not revive a claim that is already barred by limitation. The word "claim" in that provision refers only to a claim that is legally enforceable at law, and the company court cannot use the winding-up jurisdiction to defeat the limitation defence available in an ordinary suit. A time-barred claim therefore remains unenforceable even when presented under this provision, and such a claim cannot be entertained by the company court. Case-Laws Companies Law Fri, 25 Aug 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98982