https://www.taxtmi.com/caselaws?id=378042 A challenge to a 2009 share allotment was treated as time-barred because it was filed nearly nine years later and the related filings were matters of public record. The Tribunal applied the Limitation Act to proceedings under the Companies Act, 2013, and held that such petitions are governed by Article 113, with limitation running from accrual of the right to sue. A plea of continuing wrong was rejected because the pleadings showed awareness soon after the 2009 resolution and the petitioner did not explain when knowledge was acquired. The share-allotment challenge was therefore barred by limitation and laches, and the section 244 waiver request became infructuous. en-us Mon, 21 Jan 2019 00:00:00 +0530 Mon, 08 Apr 2019 09:30:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378042 A challenge to a 2009 share allotment was treated as time-barred because it was filed nearly nine years later and the related filings were matters of public record. The Tribunal applied the Limitation Act to proceedings under the Companies Act, 2013, and held that such petitions are governed by Article 113, with limitation running from accrual of the right to sue. A plea of continuing wrong was rejected because the pleadings showed awareness soon after the 2009 resolution and the petitioner did not explain when knowledge was acquired. The share-allotment challenge was therefore barred by limitation and laches, and the section 244 waiver request became infructuous. Case-Laws Companies Law Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378042