https://www.taxtmi.com/caselaws?id=109423 A registered mortgage deed and connected loan records can establish liability where they are executed in favour of the company in liquidation and remain unrebutted by evidence. Here, the respondents signed the deed, the account statement and related documents consistently supported the loan transaction, and the respondents led no evidence or effective challenge; liability was therefore fastened on them. A claim by a company in winding up is assessed by excluding the period from commencement of winding up to the winding up order, together with one further year thereafter. On that computation, the claim was within limitation. The application succeeded, with a decree for the claimed amount, interest and costs, and joint and several liability. en-us Mon, 22 Sep 2003 00:00:00 +0530 Tue, 10 Apr 2012 10:18:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109423 A registered mortgage deed and connected loan records can establish liability where they are executed in favour of the company in liquidation and remain unrebutted by evidence. Here, the respondents signed the deed, the account statement and related documents consistently supported the loan transaction, and the respondents led no evidence or effective challenge; liability was therefore fastened on them. A claim by a company in winding up is assessed by excluding the period from commencement of winding up to the winding up order, together with one further year thereafter. On that computation, the claim was within limitation. The application succeeded, with a decree for the claimed amount, interest and costs, and joint and several liability. Case-Laws Companies Law Mon, 22 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109423