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  • Indian Companies Act
  • Exclusion of certain time in computing period of limitation Section-255

Code of Criminal Procedure Act, 1973

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Chapter XIX Revival and Rehabilitation of Sick Companies
255 Exclusion of certain time in computing period of limitation
Description Notwithstanding anything contained in the Limitation Act, 1963 or in any other law for the time being in force, in computing the period of limitation specified for any suit or application in the name and on behalf of a company for which an application has been made to the Tribunal under sub-section (1) of section 253, for a determination to be declared as a sick company or at any stage thereafter, the period during which the stay order as provided under sub-section (3) of section 253, was applicable shall be excluded.

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