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    <title>1951 (7) TMI 11 - HIGH COURT OF CALCUTTA</title>
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    <description>An Official Liquidator with an unrestricted power under section 179 of the Indian Companies Act could institute a criminal prosecution in the company&#039;s name without a further direction under section 237. The court held that section 179 was wide enough to cover prosecutions the company itself could have brought before winding up, and that the absence of a prior section 237 direction did not render the complaint illegal or invalid. The court could still restrict the liquidator&#039;s powers in an appropriate case, but where unrestricted authority had been granted, the liquidator could proceed directly. The prosecution was therefore valid and maintainable, and the objection failed.</description>
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    <pubDate>Thu, 12 Jul 1951 00:00:00 +0530</pubDate>
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      <title>1951 (7) TMI 11 - HIGH COURT OF CALCUTTA</title>
      <link>https://www.taxtmi.com/caselaws?id=97131</link>
      <description>An Official Liquidator with an unrestricted power under section 179 of the Indian Companies Act could institute a criminal prosecution in the company&#039;s name without a further direction under section 237. The court held that section 179 was wide enough to cover prosecutions the company itself could have brought before winding up, and that the absence of a prior section 237 direction did not render the complaint illegal or invalid. The court could still restrict the liquidator&#039;s powers in an appropriate case, but where unrestricted authority had been granted, the liquidator could proceed directly. The prosecution was therefore valid and maintainable, and the objection failed.</description>
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      <pubDate>Thu, 12 Jul 1951 00:00:00 +0530</pubDate>
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