https://www.taxtmi.com/caselaws?id=101939 Section 630 of the Companies Act, 1956 is construed as a quasi-criminal mechanism for speedy recovery of company property. Heirs and legal representatives who continue to retain such property after an officer or employee dies may be proceeded against, as they acquire no better right to possession than the deceased holder. A limitation objection may not justify rejection where continued occupation close to the complaint date creates a mixed question of fact and law. A later-filed civil suit does not, without special circumstances, warrant staying proceedings under section 630, which may continue to secure expeditious restoration of possession. en-us Fri, 16 Mar 1990 00:00:00 +0530 Mon, 13 Feb 2012 12:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101939 Section 630 of the Companies Act, 1956 is construed as a quasi-criminal mechanism for speedy recovery of company property. Heirs and legal representatives who continue to retain such property after an officer or employee dies may be proceeded against, as they acquire no better right to possession than the deceased holder. A limitation objection may not justify rejection where continued occupation close to the complaint date creates a mixed question of fact and law. A later-filed civil suit does not, without special circumstances, warrant staying proceedings under section 630, which may continue to secure expeditious restoration of possession. Case-Laws Companies Law Fri, 16 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101939