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Companies Act Vs Limitation Act

BENGAL CHEMIST AND DRUGGISTS ASSN. vs KALYAN CHOWDHURY In the Supreme Court of India, Civil Appeal No. 684 of 2018 RATIO 1: Section 421(3) of the Companies Act, 2013 is peremptory in nature. RATIO 2: Under Section 433 of the Companies Act, 2013 the provisions of the Limitation Act shall not apply”.   BRIEF FACTS:…