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Issues: Whether the executing court lacked jurisdiction to proceed with execution of the decree on the ground that it was not a company court and that no separate order of transfer had been made.
Analysis: The Court relied on the relevant provisions governing execution of orders of a company court and the principles under Sections 38 and 39 of the Code of Civil Procedure, 1908. It held that once the certified copy of the winding-up court's certificate or order is produced, the transferee civil court can execute the decree. The Court also accepted the view that for execution purposes the transferee court need not itself be a company court, and that a separate transfer order is not required where the statutory procedure is otherwise satisfied.
Conclusion: The objection to jurisdiction was rejected and the executing court was held competent to proceed with execution.
Final Conclusion: The revision failed, and the execution proceedings were allowed to continue before the civil court.
Ratio Decidendi: A civil court to which a company court's order is sent for execution has jurisdiction to execute it under the statutory execution framework, and the transferee court need not itself be a company court.