https://www.taxtmi.com/caselaws?id=97133 A suit filed by the official liquidator of a banking company to recover a debt due to the company was treated as a matter relating to the winding up of the company. The expression "relating to the winding up" was read broadly and, with "arising out of the winding up," was held to confer special and exclusive jurisdiction on the High Court for connected winding-up matters. A liquidator's suit for asset realisation, brought with the court's sanction, was characterised as part of the winding-up process rather than an ordinary contractual enforcement action. The construction was supported by the legislative purpose of concentrating winding-up proceedings in one court and avoiding delay. en-us Thu, 09 Aug 1951 00:00:00 +0530 Sat, 14 Jan 2012 11:42:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97133 A suit filed by the official liquidator of a banking company to recover a debt due to the company was treated as a matter relating to the winding up of the company. The expression "relating to the winding up" was read broadly and, with "arising out of the winding up," was held to confer special and exclusive jurisdiction on the High Court for connected winding-up matters. A liquidator's suit for asset realisation, brought with the court's sanction, was characterised as part of the winding-up process rather than an ordinary contractual enforcement action. The construction was supported by the legislative purpose of concentrating winding-up proceedings in one court and avoiding delay. Case-Laws Companies Law Thu, 09 Aug 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97133