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Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES BILL, 2011 Chapters List Chapter XX - Part III Provisions applicable to every mode of winding up This

Clause 358 - Exclusion of certain time in computing period of limitation - COMPANIES BILL, 2011

COMPANIES BILL, 2011
Chapter XX - Part III
Provisions applicable to every mode of winding up
  • Contents

Exclusion of certain time in computing period of limitation

358. Notwithstanding anything in the Limitation Act, 1963, (36 of 1963.) or in any other law for the time being in force, in computing the period of limitation specified for any suit or application in the name and on behalf of a company which is being wound up by the Tribunal, the period from the date of commencement of the winding up of the company to a period of one year immediately following the date of the winding up order shall be excluded.

 
 
 
 

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