https://www.taxtmi.com/caselaws?id=105097 An independent suit filed to stop a company in liquidation from realising its decree debt through revenue recovery is treated as a proceeding against the company and requires prior leave under section 446(1) of the Companies Act, 1956. By contrast, revenue recovery steps before the Collector are not court proceedings, so the Limitation Act does not apply and a limitation defence is unavailable. The Kerala Revenue Recovery Act, 1968 may also be used by the official liquidator outside Kerala where the Act has been extended by notification and reciprocal recovery arrangements exist, enabling recovery through the local Collector. en-us Wed, 17 Jun 1998 00:00:00 +0530 Fri, 02 Mar 2012 15:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105097 An independent suit filed to stop a company in liquidation from realising its decree debt through revenue recovery is treated as a proceeding against the company and requires prior leave under section 446(1) of the Companies Act, 1956. By contrast, revenue recovery steps before the Collector are not court proceedings, so the Limitation Act does not apply and a limitation defence is unavailable. The Kerala Revenue Recovery Act, 1968 may also be used by the official liquidator outside Kerala where the Act has been extended by notification and reciprocal recovery arrangements exist, enabling recovery through the local Collector. Case-Laws Companies Law Wed, 17 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105097