1932 (6) TMI 11

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..... y time. The Punjab United Bank went into liquidation and an official liquidator was appointed by this court. On the 29th November, 1929 the official liquidator made an application to the-liquidator Judge under section 196 of the Indian Companies Act for the public examination of the directors Lal Chand, Nizam Din and Vidya Sagar. This application was granted by the Judge on the 3rd December 1929, .....

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..... both told to go to the official liquidator to examine the books. The case was again postponed a number of times and the examination of Lal Chand was resumed on the 10th July, 1931, and the case adjourned to the 6th November, 1931. On the 5th November, 1931, Lal Chand made an application for the adjournment of the examination as he had not seen all the books. This prayer was granted. Some further .....

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..... for, the appellants contends that time against his clients began to run from the last order passed by the District Judge refusing the application of his clients on the 18th December, 1931. I am unable to agree with this contention. This order did not direct the examination of the appellants. It was not an order made under section 196 of the Indian Companies Act. The order under that section had al .....

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