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Delhi HC Transfers Winding-Up Petition to NCLT Under Companies Act
Case Law Details
- Case Name
- Trigo Imagement Slovakia Vs Madhusudan Auto Limited (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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Trigo Imagement Slovakia Vs Madhusudan Auto Limited (Delhi High Court)
In a recent ruling, the Delhi High Court transferred a winding-up petition, filed by Trigo Imagement Slovakia against Madhusudan Auto Limited, to the National Company Law Tribunal (NCLT). The decision follows a trend of judicial deference to the NCLT for such matters, particularly in cases that are still in a preliminary stage.
The petition, filed under Section 433(1)(e) of the Companies Act, 1956, had been pending before the High Court but had not progressed to an advanced stage. The court noted that no su...
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