https://www.taxtmi.com/caselaws?id=292589 In proceedings under the Companies Act, 2013, the Limitation Act applies by virtue of Section 433, and an interlocutory application is not barred where the dispute concerns continuing corporate conduct and the record does not show a stale claim. On the pleaded facts, substantial prima facie controversy over the source of funds, share allotments, and company records justified fact-finding assistance. The Tribunal therefore permitted appointment of an independent Chartered Accountant to examine the books of account and verify the share allotments, with the cost to be borne equally by both sides. en-us Tue, 10 Dec 2019 00:00:00 +0530 Thu, 31 Dec 2020 18:13:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292589 In proceedings under the Companies Act, 2013, the Limitation Act applies by virtue of Section 433, and an interlocutory application is not barred where the dispute concerns continuing corporate conduct and the record does not show a stale claim. On the pleaded facts, substantial prima facie controversy over the source of funds, share allotments, and company records justified fact-finding assistance. The Tribunal therefore permitted appointment of an independent Chartered Accountant to examine the books of account and verify the share allotments, with the cost to be borne equally by both sides. Case-Laws Companies Law Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292589