Official Liquidator can file claim within a period of 4 years from winding up order date

In respect of a legally enforceable claim, which could have been made by the company on the date on which the application for winding up is made, the Official Liquidator (OL) could file claim within a period of four years from the date of winding up order, by taking the benefit of one year period immediately following the date of the winding up order, as provided under section 458A of the Act and the three years period provided under Article 137 of the Limitation Act.

 1. These appeals arise out of a common judgment

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