Section 358:
Exclusion of certain time in computing period of limitation.
Notwithstanding anything in
the Limitation Act, 1963 (36 of 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 which is
being wound up by the Tribunal, the period from the date of commencement of the winding up of the
company to a period of one year immediately following the date of the winding up order shall be
excluded.