1934 (6) TMI 23 - HC - Companies Law

Summary

The judgment pertains to Civil Appeal Nos. 1873, 1874, and 1660 from orders passed by the District Judge of Ludhiana under Section 186 of the Indian Companies Act during winding-up proceedings. The appeals were found to be competent under Section 225 of the Act. The District Judge held that the liquidators' applications were within time, but the appeals were accepted as the applications were made more than three years after the forfeiture of shares. The applications of the respondents were dismissed with costs throughout.