https://www.taxtmi.com/caselaws?id=103934 Section 458A of the Companies Act, 1956 excludes, for a company in winding up, the period from commencement of winding up to the winding up order and one year thereafter, with the result that limitation remains suspended for qualifying suits and applications. Where the company's claim was not already time-barred when winding up proceedings commenced, later abeyance of the winding up order does not defeat the statutory exclusion. On that basis, the applications for restoration of suits and execution were not barred by limitation, and the orders treating them as time-barred were unsustainable. en-us Tue, 30 Sep 1997 00:00:00 +0530 Sat, 25 Feb 2012 11:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103934 Section 458A of the Companies Act, 1956 excludes, for a company in winding up, the period from commencement of winding up to the winding up order and one year thereafter, with the result that limitation remains suspended for qualifying suits and applications. Where the company's claim was not already time-barred when winding up proceedings commenced, later abeyance of the winding up order does not defeat the statutory exclusion. On that basis, the applications for restoration of suits and execution were not barred by limitation, and the orders treating them as time-barred were unsustainable. Case-Laws Companies Law Tue, 30 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103934