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Companies Law - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Winding up petition - Jurisdiction of High Court - This Court ...

Companies Law

December 16, 2019

Winding up petition - Jurisdiction of High Court - This Court possesses the jurisdiction to hear out the winding up petition being CP 1 of 2016 along with all connected applications. However, the winding up petition and the connected applications thereto should not be proceeded with till NCLT comes to the conclusion as to whether the resolution plan in respect of the said company is either approved or rejected.

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