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THE PRESIDENCY-TOWNS INSOLVENCY ACT, 1909

Title : THE PRESIDENCY-TOWNS INSOLVENCY ACT, 1909

Year : 1909



The period of limitation for an appeal from any act or decision of the official assignee, or from an order made by an officer of the Court empowered under section 6, shall be twenty days from the date of such act, decision or order, as the case may be.1*

101A. 2* Exclusion of time in computation of period of limitation in certain cases.

Where an order of adjudication has been annulled under this Act, in computing the period of limitation prescribed for any suit or other legal proceeding (other than a suit or legal proceeding in respect of which the leave of the Court was obtained under section 17) which might have been brought but for the making of an order of adjudication under this Act, the period from the date of the order of adjudication to the date of the order of annulment shall be excluded:

Provided that nothing in this section shall apply to any suit or other legal proceeding in respect of a debt provable but not proved under this Act.]

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1. For s. 101A, applicable to Bombay only, see the Presidency -towns Insolvency (Bombay Amendment) Act, 1939 (Bom. 15 of 1939), s. 2.

2. Ins. by Act 3 of 1950, s. 5.

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Last updated on June, 2016

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