https://www.taxtmi.com/caselaws?id=199970 The court determined that the correct period of limitation for claims under section 446(2)(b) of the Companies Act is governed by the relevant article in the Limitation Act, excluding periods under section 458A. The court clarified that the limitation period starts when the claim accrues to the company, not from the winding-up order date. It emphasized that jurisdiction under section 446(2) is exclusive and overrides other laws to ensure efficient resolution of company matters. Conflicting judicial decisions were reviewed, rejecting the notion that the official liquidator possesses greater rights post-winding-up. 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 The court determined that the correct period of limitation for claims under section 446(2)(b) of the Companies Act is governed by the relevant article in the Limitation Act, excluding periods under section 458A. The court clarified that the limitation period starts when the claim accrues to the company, not from the winding-up order date. It emphasized that jurisdiction under section 446(2) is exclusive and overrides other laws to ensure efficient resolution of company matters. Conflicting judicial decisions were reviewed, rejecting the notion that the official liquidator possesses greater rights post-winding-up. Case-Laws Companies Law Mon, 04 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199970