https://www.taxtmi.com/caselaws?id=199565 An order under section 221 of the Companies Act, 1913 continuing a voluntary winding up under court supervision is deemed an order for winding up by the Court for purposes of section 45F of the Indian Banking Companies Act, 1949. The deeming fiction in section 225(2) of the Companies Act was applied in full, and its effect was not confined when read with the Banking Companies Act's supplemental scheme. As a result, the one-year period immediately preceding the winding-up order was excluded from limitation, and the suit was within time. en-us Fri, 03 Jul 1953 00:00:00 +0530 Tue, 06 Mar 2018 18:19:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199565 An order under section 221 of the Companies Act, 1913 continuing a voluntary winding up under court supervision is deemed an order for winding up by the Court for purposes of section 45F of the Indian Banking Companies Act, 1949. The deeming fiction in section 225(2) of the Companies Act was applied in full, and its effect was not confined when read with the Banking Companies Act's supplemental scheme. As a result, the one-year period immediately preceding the winding-up order was excluded from limitation, and the suit was within time. Case-Laws Companies Law Fri, 03 Jul 1953 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199565