https://www.taxtmi.com/caselaws?id=200339 A transfer that is liable to be annulled under the Provincial Insolvency Act remains operative until it is actually annulled by the court, so the transferee retains a legally effective title and may validly seek execution of the decree. An execution application filed before annulment is therefore an application made in accordance with law for the purpose of Article 182(5) of the Limitation Act. On that basis, the receiver was entitled to rely on the earlier execution proceedings to compute limitation, and the later execution petition was within time. en-us Fri, 28 Aug 1959 00:00:00 +0530 Mon, 26 Mar 2018 14:18:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200339 A transfer that is liable to be annulled under the Provincial Insolvency Act remains operative until it is actually annulled by the court, so the transferee retains a legally effective title and may validly seek execution of the decree. An execution application filed before annulment is therefore an application made in accordance with law for the purpose of Article 182(5) of the Limitation Act. On that basis, the receiver was entitled to rely on the earlier execution proceedings to compute limitation, and the later execution petition was within time. Case-Laws Indian Laws Fri, 28 Aug 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200339