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    <title>1987 (4) TMI 371 - Supreme Court</title>
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    <description>Where rehabilitation of a company required coordinated judicial supervision, suits against it could be transferred to the court handling the company proceedings so that all connected matters were considered together. The Court emphasized that a single forum would give a full picture of the company&#039;s affairs, support reconstruction efforts, and prevent conflicting orders from different courts. The fact that secured creditors were outside the winding-up proceedings was not treated as decisive against transfer. The transfer was allowed, and the suits pending in the Bombay High Court were moved to the Gujarat High Court.</description>
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    <pubDate>Tue, 28 Apr 1987 00:00:00 +0530</pubDate>
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      <title>1987 (4) TMI 371 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=101389</link>
      <description>Where rehabilitation of a company required coordinated judicial supervision, suits against it could be transferred to the court handling the company proceedings so that all connected matters were considered together. The Court emphasized that a single forum would give a full picture of the company&#039;s affairs, support reconstruction efforts, and prevent conflicting orders from different courts. The fact that secured creditors were outside the winding-up proceedings was not treated as decisive against transfer. The transfer was allowed, and the suits pending in the Bombay High Court were moved to the Gujarat High Court.</description>
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      <pubDate>Tue, 28 Apr 1987 00:00:00 +0530</pubDate>
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