255. Exclusion of certain time in computing period of limitation
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.