https://www.taxtmi.com/caselaws?id=194887 Where a decree is carried in appeal and the appeal is disposed of on a preliminary ground, the appellate disposal may still mark the effective starting point for computing limitation for execution, and an execution petition filed within twelve years of that disposal is not time-barred. In execution against a closely held company, the corporate veil may be lifted where the company form is used to defeat enforcement or perpetrate fraud, permitting proceedings against the Managing Director's personal assets. On the facts, both the limitation objection and the challenge to execution against the Managing Director failed, and execution could continue. en-us Wed, 27 Jan 2016 00:00:00 +0530 Thu, 05 Oct 2017 09:32:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194887 Where a decree is carried in appeal and the appeal is disposed of on a preliminary ground, the appellate disposal may still mark the effective starting point for computing limitation for execution, and an execution petition filed within twelve years of that disposal is not time-barred. In execution against a closely held company, the corporate veil may be lifted where the company form is used to defeat enforcement or perpetrate fraud, permitting proceedings against the Managing Director's personal assets. On the facts, both the limitation objection and the challenge to execution against the Managing Director failed, and execution could continue. Case-Laws Companies Law Wed, 27 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194887