1934 (6) TMI 23

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..... - Civil Appeal Nos. 1873, 1874 and 1660 arise out of three cases in which the facts were similar and these may be conveniently disposed of together. These appeals are from orders passed by the District Judge of Ludhiana under Section 186 of the Indian Companies Act, during the course of winding-up proceedings relating to a company under the supervision of the Court. A preliminary objection is rais .....

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..... d District Judge has held that the applications of the liquidators were within time. The learned counsel for the appellants contends that the applications were clearly barred inasmuch as they were made more than three years after the forfeiture of the shares. The learned counsel for the respondents concedes the force of this argument. In the circumstances the appeals must be accepted and the appli .....

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