Supreme Court · 2002 INSC 464 · Decided 12 November 2002
Karnataka Steel & Wire Products and ORS. v. Kohinoor Rolling Shutters & ENG. Works and ORS.
- Court
- Supreme Court of India
- Citation
- 2002 INSC 464 · [2002] SUPP. 4 S.C.R. 51
- Case number
- CIVIL APPEAL No. 9464/1995
- Decided
- 12 November 2002
- Bench
- G.B. PATTANAIK, S.B. SINHA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 458A; Limitation Act Section 137
Headnote
B Companies Act, 1956-Section 458A-limitation period-Computation of-For a suit or application by a company being wound up by the Court~ Held, a claim, legally eriforceable on the date on which the application for C winding up is made, could be filed by the official liquidator by taking benefit of mean that even a barred claim which was not enforceable on the date qf the winding up, would stand revived, once a winding up application is filed and order is n1ade by virtue of Section 458A-limitation Act, 1908-Article 137. The issue before the Court was whether on account of Section 458A of
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