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Company Court Can Suo Motu Transfer Winding-Up Cases: Calcutta HC
Case Law Details
- Case Name
- CFL Capital Financial Services Ltd. Vs Official Liquidator And Anr. (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
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CFL Capital Financial Services Ltd. Vs Official Liquidator And Anr. (Calcutta High Court)
The Calcutta High Court dismissed an appeal challenging an order transferring a pending winding-up petition and a connected application to the National Company Law Tribunal (NCLT), Kolkata under Section 434 of the Companies Act, 2013. The appellant, a creditor of the company in liquidation, argued that no application seeking transfer had been filed by any party and contended that the Company Court could not transfer the winding-up proceedings suo motu. Reliance was placed on Section 434 o...
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