Supreme Court · 1973 INSC 14 · Decided 19 January 1973
Official Liquidator, Supreme Bank LTD. v. P. A: Tendolkar (Dead) BY LRS. and ORS.
- Court
- Supreme Court of India
- Citation
- 1973 INSC 14 · [1973] 3 S.C.R. 364
- Case number
- CIVIL APPEAL No. 195/1967
- Decided
- 19 January 1973
- Bench
- A.N. GROVER, M. HAMEEDULLAH BEG, A.K. MUKHERJEA (3-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 235, 543
Headnote
~! • SUPREME DANK LTD. V. P. A: TENDOLKAR (Beg,/.) 365 One of these t\vo directors died pendi~g the grant of his O\\'n appli· cation for a certific-atc under Art. 136 _ of the Constitutio,n. His heirs got . themselves impleadcd and contended that the proceedings against them could not the proceedings are governed expressly by the spcci-al la\v on the subject contained 1n s. 45-0 of the Banking Companies Act, [376F-G] • (2) The plea that 12 years from the 'accrual of claims' had expired before s. 45-0(2) was amended by the Amending Act of 1959, and that, therefore; the
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)