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1987 (4) TMI 371 - SUPREME COURTTransfer application for suits pending in the High Court of Bombay to the Gujarat High Court at Ahmedabad - Held that:- It is true that the secured creditors are outside the winding-up proceedings but when the question is one of rehabilitating the company, it is desirable that the company court should have a full and complete picture of the state of affairs of the company and there should be no conflicting orders from different courts in different suits. It is in that view that, in the particular circumstances of this case, we think it is best that the suits now pending in the High Court of Bombay should be transferred to the Gujarat High Court where the proceedings under the Companies Act are pending.
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