https://www.taxtmi.com/caselaws?id=462759 Karnataka HC ruled on limitation period for Official Liquidator actions under Section 458-A of Companies Act, 1956. Court held limitation period begins from date Official Liquidator gains knowledge of debtor details through statement of affairs or books of accounts, not from winding up order date. If winding up order is stayed on appeal, limitation period extends until stay is vacated. Official Liquidator need not independently investigate creditors but must act once documents are available. The application under Section 446(2) was held within limitation period and not barred, with evidence recording directed. en-us Wed, 12 Jun 2024 00:00:00 +0530 Mon, 14 Jul 2025 20:15:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462759 Karnataka HC ruled on limitation period for Official Liquidator actions under Section 458-A of Companies Act, 1956. Court held limitation period begins from date Official Liquidator gains knowledge of debtor details through statement of affairs or books of accounts, not from winding up order date. If winding up order is stayed on appeal, limitation period extends until stay is vacated. Official Liquidator need not independently investigate creditors but must act once documents are available. The application under Section 446(2) was held within limitation period and not barred, with evidence recording directed. Case-Laws Companies Law Wed, 12 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462759