https://www.taxtmi.com/caselaws?id=104045 Article 137 provides a three-year limitation period for a rectification application from accrual of the right to apply, and limitation may be tried first as a preliminary issue where it creates a bar by law. Mere broad allegations of fraud are insufficient: Order VI rule 4 requires specific particulars, and section 17(1)(b) applies only where the right itself was concealed despite reasonable diligence. A plea that a share-transfer transaction was void, or that there was sufficient cause or a continuing wrong, did not extend limitation on the facts stated. The rectification petition was therefore treated as prima facie time-barred and dismissed at the preliminary stage. en-us Tue, 12 Mar 1996 00:00:00 +0530 Mon, 27 Feb 2012 13:49:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104045 Article 137 provides a three-year limitation period for a rectification application from accrual of the right to apply, and limitation may be tried first as a preliminary issue where it creates a bar by law. Mere broad allegations of fraud are insufficient: Order VI rule 4 requires specific particulars, and section 17(1)(b) applies only where the right itself was concealed despite reasonable diligence. A plea that a share-transfer transaction was void, or that there was sufficient cause or a continuing wrong, did not extend limitation on the facts stated. The rectification petition was therefore treated as prima facie time-barred and dismissed at the preliminary stage. Case-Laws Companies Law Tue, 12 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104045