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Companies Law - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Winding up petition - time limit - The petition is based ...

Companies Law

March 31, 2014

Winding up petition - time limit - The petition is based entirely on the decretal debt, not the underlying cause of action. Limitation would be governed not by Article 137 but by Article 136, and that provides a period of 12 years from the date when the decree is enforceable. - HC

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