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    <title>1950 (6) TMI 12 - HIGH COURT OF PUNJAB</title>
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    <description>The High Court&#039;s jurisdiction to sanction a scheme of arrangement under section 153 of the Indian Companies Act, 1913 depended on the statutory meaning of &quot;Court&quot; in sections 2(2) and 3(1), which linked jurisdiction to the High Court at the place where the company&#039;s registered office was situated. Because the company&#039;s registered office was in Dera Ismail Khan in Pakistan, the High Court lacked territorial jurisdiction. Section 276 also confined the Act&#039;s application to unregistered companies to winding-up provisions only, and section 153 was not a winding-up provision. Section 153(6) did not enlarge jurisdiction or extend the provision to a foreign company outside the Court&#039;s reach.</description>
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    <pubDate>Thu, 29 Jun 1950 00:00:00 +0530</pubDate>
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      <title>1950 (6) TMI 12 - HIGH COURT OF PUNJAB</title>
      <link>https://www.taxtmi.com/caselaws?id=97069</link>
      <description>The High Court&#039;s jurisdiction to sanction a scheme of arrangement under section 153 of the Indian Companies Act, 1913 depended on the statutory meaning of &quot;Court&quot; in sections 2(2) and 3(1), which linked jurisdiction to the High Court at the place where the company&#039;s registered office was situated. Because the company&#039;s registered office was in Dera Ismail Khan in Pakistan, the High Court lacked territorial jurisdiction. Section 276 also confined the Act&#039;s application to unregistered companies to winding-up provisions only, and section 153 was not a winding-up provision. Section 153(6) did not enlarge jurisdiction or extend the provision to a foreign company outside the Court&#039;s reach.</description>
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      <pubDate>Thu, 29 Jun 1950 00:00:00 +0530</pubDate>
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