https://www.taxtmi.com/caselaws?id=199970 Section 446(2)(b) of the Companies Act, 1956 confers jurisdiction on the winding-up court to entertain claims by or against the company, but it does not create a fresh cause of action or a special limitation period. Limitation must be determined by the nature of the underlying claim and the corresponding article of the Limitation Act, 1963; article 137 applies only residually where no specific article fits. A claim already barred before commencement of winding-up proceedings is not revived by the winding-up order, and section 458A only excludes the prescribed periods in computation. The relevant date is when the right to recover arose, not the date of the winding-up order. en-us Mon, 04 Jan 1993 00:00:00 +0530 Fri, 16 Mar 2018 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199970 Section 446(2)(b) of the Companies Act, 1956 confers jurisdiction on the winding-up court to entertain claims by or against the company, but it does not create a fresh cause of action or a special limitation period. Limitation must be determined by the nature of the underlying claim and the corresponding article of the Limitation Act, 1963; article 137 applies only residually where no specific article fits. A claim already barred before commencement of winding-up proceedings is not revived by the winding-up order, and section 458A only excludes the prescribed periods in computation. The relevant date is when the right to recover arose, not the date of the winding-up order. Case-Laws Companies Law Mon, 04 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199970