https://www.taxtmi.com/caselaws?id=96973 Jurisdiction under section 173 of the Companies Act, 1929 arose only after an actual winding-up had commenced. The provision was directed to review of post-commencement transactions by the liquidator, not to anticipatory adjudication by the court on a contingent future winding-up. A conditional order would improperly pre-empt the liquidator's function and could not be made on an incomplete factual record. The court therefore had no jurisdiction to make an order before a winding-up order existed. en-us Mon, 19 Jan 1948 00:00:00 +0530 Fri, 13 Jan 2012 15:01:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96973 Jurisdiction under section 173 of the Companies Act, 1929 arose only after an actual winding-up had commenced. The provision was directed to review of post-commencement transactions by the liquidator, not to anticipatory adjudication by the court on a contingent future winding-up. A conditional order would improperly pre-empt the liquidator's function and could not be made on an incomplete factual record. The court therefore had no jurisdiction to make an order before a winding-up order existed. Case-Laws Companies Law Mon, 19 Jan 1948 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96973