https://www.taxtmi.com/caselaws?id=97712 Winding up proceedings commenced before the new Companies Act continued under the old Act by virtue of the saving provision, so the earlier appointment of the official liquidator remained in force unless terminated by a court order for due cause. A substitution order made in the appeal operated only for that appeal and did not amount to removal from office. A later notification appointing another official liquidator under the new Act applied only to matters governed by that Act and did not displace the existing appointment in the pending winding up proceedings. The High Court Rules could not override the statutory requirement for removal, so the later appointee lacked authority to move the prosecution application. en-us Wed, 15 Apr 1959 00:00:00 +0530 Tue, 17 Jan 2012 17:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97712 Winding up proceedings commenced before the new Companies Act continued under the old Act by virtue of the saving provision, so the earlier appointment of the official liquidator remained in force unless terminated by a court order for due cause. A substitution order made in the appeal operated only for that appeal and did not amount to removal from office. A later notification appointing another official liquidator under the new Act applied only to matters governed by that Act and did not displace the existing appointment in the pending winding up proceedings. The High Court Rules could not override the statutory requirement for removal, so the later appointee lacked authority to move the prosecution application. Case-Laws Companies Law Wed, 15 Apr 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97712