Transfer of company proceedings to Tribunal excludes matters reserved for orders and certain winding-up petitions. Clause (c) of section 434 of the Companies Act, 2013 is brought into force from 15 December 2016 to transfer pending proceedings under the Companies Act, 1956 to the Tribunal, except that (a) proceedings other than winding-up reserved for orders shall not be transferred, and (b) winding-up petitions pending in High Courts shall be transferred only where petitions have not been served under rule 26 of the Companies (Court) Rules, 1959; remaining winding-up and reserved matters shall continue to be governed by the Companies Act, 1956 and the Companies (Court) Rules, 1959.
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Transfer of company proceedings to Tribunal excludes matters reserved for orders and certain winding-up petitions.
Clause (c) of section 434 of the Companies Act, 2013 is brought into force from 15 December 2016 to transfer pending proceedings under the Companies Act, 1956 to the Tribunal, except that (a) proceedings other than winding-up reserved for orders shall not be transferred, and (b) winding-up petitions pending in High Courts shall be transferred only where petitions have not been served under rule 26 of the Companies (Court) Rules, 1959; remaining winding-up and reserved matters shall continue to be governed by the Companies Act, 1956 and the Companies (Court) Rules, 1959.
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