TMI Blog1934 (6) TMI 22X X X X Extracts X X X X X X X X Extracts X X X X ..... ed, Sonepat, went into voluntary liquidation on the 20th June, 1928. Subsequently an order was passed by this Court that the winding-up be done under the supervision of the Court, and it was ordered under Section 164 that all further proceedings be taken in the Court of the District Judge, Karnal. It is admitted that the company had made calls from the shareholders, which were payable on the 28 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... idation and the suit of the company for their realization had become barred by time under Article 112 of the Indian Limitation Act : Sorabji v. Isher Das, Vaideswara Ayyar v. Sivasubrahmanya, Jagannath Prasad v. U.P. Oil Mills Ltd., Dehra Dun Mussourie Electric Tramway Co. In re and Pray an Prasad v. Gay a Bank Ltd. Compare Delhi Woollen Mills Co., Ltd. v. Durga Das and others. The principle of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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