<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>1968 (8) TMI 67 - HIGH COURT OF PATNA</title>
    <link>https://www.taxtmi.com/caselaws?id=98546</link>
    <description>The Patna High Court determined that it had jurisdiction to pass a decree against a company despite a winding-up order from the Bombay High Court. The court clarified that the decree was not automatically void but voidable at the liquidator&#039;s instance due to non-compliance with Section 446 of the Companies Act. It emphasized the necessity of obtaining court leave for legal actions against companies under winding-up. The court allowed the appeal in part, setting aside the lower court&#039;s ruling on the decree&#039;s voidness and highlighting the need to seek orders from the winding-up court for the decree&#039;s executability against the company&#039;s assets.</description>
    <language>en-us</language>
    <pubDate>Tue, 20 Aug 1968 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 21 Jan 2012 10:55:08 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=135603" rel="self" type="application/rss+xml"/>
    <item>
      <title>1968 (8) TMI 67 - HIGH COURT OF PATNA</title>
      <link>https://www.taxtmi.com/caselaws?id=98546</link>
      <description>The Patna High Court determined that it had jurisdiction to pass a decree against a company despite a winding-up order from the Bombay High Court. The court clarified that the decree was not automatically void but voidable at the liquidator&#039;s instance due to non-compliance with Section 446 of the Companies Act. It emphasized the necessity of obtaining court leave for legal actions against companies under winding-up. The court allowed the appeal in part, setting aside the lower court&#039;s ruling on the decree&#039;s voidness and highlighting the need to seek orders from the winding-up court for the decree&#039;s executability against the company&#039;s assets.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Tue, 20 Aug 1968 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=98546</guid>
    </item>
  </channel>
</rss>