1932 (6) TMI 11

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Lal, J. - This appeal is clearly barred by time. The Punjab United Bank went into liquidation and an official liquidator was appointed by this court. On the 29th November, 1929 the official liquidator made an application to the-liquidator Judge under section 196 of the Indian Companies Act for the public examination of the directors Lal Chand, Nizam Din and Vidya Sagar. This application was grante....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er to answer all the questions. They were both told to go to the official liquidator to examine the books. The case was again postponed a number of times and the examination of Lal Chand was resumed on the 10th July, 1931, and the case adjourned to the 6th November, 1931. On the 5th November, 1931, Lal Chand made an application for the adjournment of the examination as he had not seen all the b....