TMI Blog1933 (3) TMI 16X X X X Extracts X X X X X X X X Extracts X X X X ..... Pearson, J . This Rule is directed against orders of the Magistrate passed in respect of the proceedings under s. 145, Criminal Procedure Code. The petitioner Mr. S.N. Mukerjee is the Official Liquidator of the Karatipara Mazumdar Estate, now in liquidation. The winding up order was passed by this. High Court on the 20th April, 1931. The land in question is a small plot of which the first par ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rovides that when a winding up order has been made no suit or other legal proceeding shall be proceeded with or commenced against the company except by leave of the court. That is a provision intended to safeguard the company's assets against wasteful or expensive litigation in regard to matters which are capable of determination more expeditiously and more cheaply in the winding up. It would hard ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in s. 171 of the Companies Act is not in question here because it is not a case of a legal proceeding against the company. The party to the proceeding is not the company but the liquidator, and although Mr. Mukerjee happens only to be a party to these proceedings by reason of the fact that he is clothed with that character, it may be that for the purposes of a proceeding under s. 145 he is to be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Magisterial proceedings which followed. The liquidator in such case may be a party to the proceedings, but I am not satisfied that proceedings instituted in this manner can be said to be against the company. In that case he will be much more in the position of a man who has taken action in order to get the proceedings instituted and if he had not the power to take such steps under the order a ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
