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    <title>1971 (11) TMI 93 - HIGH COURT OF KERALA</title>
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    <description>Section 185 of the Companies Act, 1913 empowered the company court to require an agent of the company to pay or deliver money or property to which the company was prima facie entitled, and the State was treated as such an agent because it had managed the mills under court orders, rendered accounts, and deposited receipts in court. The later execution of a mortgage did not alter that relationship. The Court also held that the claim could properly be dealt with in the section 185 summary jurisdiction because the matter was conveniently capable of decision on the materials before it. The jurisdictional objection therefore failed, and the liquidator could proceed under the winding-up court&#039;s summary powers.</description>
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    <pubDate>Mon, 22 Nov 1971 00:00:00 +0530</pubDate>
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      <title>1971 (11) TMI 93 - HIGH COURT OF KERALA</title>
      <link>https://www.taxtmi.com/caselaws?id=98901</link>
      <description>Section 185 of the Companies Act, 1913 empowered the company court to require an agent of the company to pay or deliver money or property to which the company was prima facie entitled, and the State was treated as such an agent because it had managed the mills under court orders, rendered accounts, and deposited receipts in court. The later execution of a mortgage did not alter that relationship. The Court also held that the claim could properly be dealt with in the section 185 summary jurisdiction because the matter was conveniently capable of decision on the materials before it. The jurisdictional objection therefore failed, and the liquidator could proceed under the winding-up court&#039;s summary powers.</description>
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      <pubDate>Mon, 22 Nov 1971 00:00:00 +0530</pubDate>
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