The period of five years referred to in Section 543 2 of the Companies Act, 1956 companypanies Act, for short expired on 1.12.1988.
As stated above, misfeasance proceedings were filed by the O.L. on 1.12.89.
H. KAPADIA, J. Leave granted.
On 2.12.83 order of winding up was passed by the High Court.
Official Liquidator O.L., for short was appointed on that day.
