Is there any statute of limitation for filing petetion for WINDING UP A COMPANY? The company issued a cheque which bounced. 138 proceedings are underway.
reagrds
Ankit
Ankit Saha (CEO) 24 October 2014
Is there any statute of limitation for filing petetion for WINDING UP A COMPANY? The company issued a cheque which bounced. 138 proceedings are underway.
reagrds
Ankit
V M DAHAKE (PROPRIETOR) 24 October 2014
Dear Sir,
Normal, Limitation Act will have applicability. Period would be 3 years in case of debt.
If debt is time barred( Legally not enforceable) , no winding up petition can be filed.
Ankit Saha (CEO) 25 October 2014
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