https://www.taxtmi.com/caselaws?id=97712 Transitional provisions preserve winding-up proceedings begun under the old Companies Act, so such proceedings continue under the old Act subject only to the limited exception specified in the new Act; accordingly, appointments made under the new Act for its own purposes do not automatically terminate appointments made under the old Act. Removal of an official liquidator appointed under the old Act requires due cause shown under the old statutory regime and is not effected merely by transfer of the office-holder. The new Act appointment is effective only for matters under the new Act and does not displace the existing official liquidator in the pending old-Act winding up. 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 Transitional provisions preserve winding-up proceedings begun under the old Companies Act, so such proceedings continue under the old Act subject only to the limited exception specified in the new Act; accordingly, appointments made under the new Act for its own purposes do not automatically terminate appointments made under the old Act. Removal of an official liquidator appointed under the old Act requires due cause shown under the old statutory regime and is not effected merely by transfer of the office-holder. The new Act appointment is effective only for matters under the new Act and does not displace the existing official liquidator in the pending old-Act winding up. Case-Laws Companies Law Wed, 15 Apr 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97712