https://www.taxtmi.com/caselaws?id=98483 A winding up commenced before the Companies Act, 1956 continued under the earlier regime, so the later Act did not govern the liquidation and the District Judge retained competence to deal with steps taken in aid of it. Incorrect citation of the provision and failure to use the prescribed form were treated as substance-neutral irregularities that did not affect jurisdiction or prejudice the appellant. A transfer of assets could also proceed without prior settlement of the appellant's claim where the earlier protection order had been modified, notice of the later application had been issued, and safeguards for the claimed amount were preserved. en-us Tue, 05 Mar 1968 00:00:00 +0530 Fri, 20 Jan 2012 17:36:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98483 A winding up commenced before the Companies Act, 1956 continued under the earlier regime, so the later Act did not govern the liquidation and the District Judge retained competence to deal with steps taken in aid of it. Incorrect citation of the provision and failure to use the prescribed form were treated as substance-neutral irregularities that did not affect jurisdiction or prejudice the appellant. A transfer of assets could also proceed without prior settlement of the appellant's claim where the earlier protection order had been modified, notice of the later application had been issued, and safeguards for the claimed amount were preserved. Case-Laws Companies Law Tue, 05 Mar 1968 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98483