https://www.taxtmi.com/caselaws?id=113261 The court ruled in favor of the company under liquidation in a debt recovery case filed by the Official Liquidator against a respondent. The respondent's defense of the claim being barred by limitation was dismissed, as the court excluded certain periods under the Companies Act, allowing the claim to fall within the limitation period. The court awarded the debt amount with interest to the company under liquidation, emphasizing the Official Liquidator's role in debt recovery and the significance of accurate record-keeping and timely legal actions in such cases. en-us Mon, 01 Nov 2010 00:00:00 +0530 Fri, 04 May 2012 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113261 The court ruled in favor of the company under liquidation in a debt recovery case filed by the Official Liquidator against a respondent. The respondent's defense of the claim being barred by limitation was dismissed, as the court excluded certain periods under the Companies Act, allowing the claim to fall within the limitation period. The court awarded the debt amount with interest to the company under liquidation, emphasizing the Official Liquidator's role in debt recovery and the significance of accurate record-keeping and timely legal actions in such cases. Case-Laws Companies Law Mon, 01 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113261