https://www.taxtmi.com/caselaws?id=102234 Misfeasance proceedings under section 543 of the Companies Act, 1956 are compensatory and enforceable like a decree under section 634, so the death of the respondent does not cause abatement. Because the liability is directed to making good loss to the company and is analogous to execution proceedings, substitution of legal representatives remains permissible after death. Order 22 Rule 10A of the Code of Civil Procedure is designed to secure prompt notice of death, and delay in moving for substitution may be excused where timely intimation was not given by counsel. The court found no basis to interfere with the substitution sought in the circumstances. en-us Wed, 11 Dec 1991 00:00:00 +0530 Tue, 14 Feb 2012 11:40:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102234 Misfeasance proceedings under section 543 of the Companies Act, 1956 are compensatory and enforceable like a decree under section 634, so the death of the respondent does not cause abatement. Because the liability is directed to making good loss to the company and is analogous to execution proceedings, substitution of legal representatives remains permissible after death. Order 22 Rule 10A of the Code of Civil Procedure is designed to secure prompt notice of death, and delay in moving for substitution may be excused where timely intimation was not given by counsel. The court found no basis to interfere with the substitution sought in the circumstances. Case-Laws Companies Law Wed, 11 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102234