Amendment status not verified — confirm the current text below against the official source.
(1) The Court may, with the previous sanction under of the [State Government], at any time within two ment under years from the date of the notification published *ction 18 when under section 19, release Gom its superintendence, clehts annot be liquidated on day to be notifie48 the property of a person who rithin has been made a ward of the Court in pursuanae "asonable tim- of an order under section 18 without liquidating m y of his debts and liabilities or &r liquidating some of the debts and liabilities, when, the Court is satisfied that it is impracticable to liquidate within a reasonable time all the debts and liabilities or such of them as have not been liquidated and in either case the legal incapsoity of such ward shall sew on the date so notified. 1 The words '6Pr~vincid Government" were substitutad for the words "Lo~sl Government " by the Adeptstion Order of 1937 and the word " Stste " -was substituted for " Provincid " by the Adaptation Order of 1960. 2 Thb o l a w ww substituted for the 0rir.1 olaum (d) by section 4 of, nnd the 8eoond Sobedule to, t e Tamil Nedu (Tr- farred Territory) Externion of Lawa Aot, 1960 (Tamil Nsdu Aot 13 of 1960). 1902 : T.N. Act I] Court of Warde 601 (2) Whenever an inoumbrancer is diaposaessed under motion 43, and his debt remains unliquidated at the time the Court relews from its superintendenoe the property of suoh ward under sub-section (I), the Collector shall replace the incumbranoer in posses- sion. (3) Whenever the property of a person is released under sub-aection (1) from the superintendence of the Court, the provisions of aectiona 41 and 42 shall not apply to any of the debts and liabilities of the ward remaining unliquidated at the time when hia property is so released. (4) In oomputing the period! of limitation appli- oable bo a suit brought or applioation made againa6 suoh person or his legal representative after the Court has r e 1 4 his property under sub-seotion (1) $he time during whioh the superintendence of the Comb continued shall be excluded.