https://www.taxtmi.com/caselaws?id=113500 Section 483 of the Companies Act, 1956 was construed purposively to preserve an effective statutory appeal against orders of the Company Judge in original jurisdiction, and the Division Bench appeal was treated as maintainable. Limitation was computed after excluding the time spent in obtaining certified copies, so the appeals were not time-barred. On merits, the confirmed sale in liquidation was left undisturbed because the successful bidder acted bona fide, complied with the bidding process, and the transaction had already been completed by payment of the balance price and delivery of possession; the later challenger had not shown compliance with court directions or any compelling equitable ground to set the sale aside. en-us Thu, 12 Nov 2009 00:00:00 +0530 Mon, 27 Oct 2014 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113500 Section 483 of the Companies Act, 1956 was construed purposively to preserve an effective statutory appeal against orders of the Company Judge in original jurisdiction, and the Division Bench appeal was treated as maintainable. Limitation was computed after excluding the time spent in obtaining certified copies, so the appeals were not time-barred. On merits, the confirmed sale in liquidation was left undisturbed because the successful bidder acted bona fide, complied with the bidding process, and the transaction had already been completed by payment of the balance price and delivery of possession; the later challenger had not shown compliance with court directions or any compelling equitable ground to set the sale aside. Case-Laws Companies Law Thu, 12 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113500