2015 (10) TMI 2774

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..... a, Mr. Shaunak Mitra, Ms. Debjani Chatterjee for the respondent. The Court :   The only question of law sought to be urged in the proposed appeal is as to whether the Company Law Board lacked authority in receiving the petition under Section 58 of the Companies Act, 2013 beyond the period envisaged in sub-section (4) thereof. Section 58(4) of the Act permits an application (though the ex .....

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..... appear that the Company Law Board would have the authority to receive a petition after the expiry of the specified period, by applying the principles of the Limitation Act as may be applicable. The question of law sought to be raised is of no consequence since the provision does not prohibit the receipt of a petition or application thereunder after the expiry of the time limits indicated therein .....

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