https://www.taxtmi.com/caselaws?id=102258 On winding-up, a pending suit against a company cannot proceed without leave of court, and leave may be granted on protective terms to safeguard the liquidation estate, creditors and workmen. The court may restrain attachment before judgment and require any decree-holder to prove only as an unsecured creditor before the official liquidator. A pending proceeding may also be transferred to the company court where that course better serves expeditious and economical liquidation, especially when records are with the official liquidator, the claim is disputed, and evidence can be more efficiently dealt with by the winding-up court. en-us Fri, 13 Mar 1992 00:00:00 +0530 Tue, 14 Feb 2012 12:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102258 On winding-up, a pending suit against a company cannot proceed without leave of court, and leave may be granted on protective terms to safeguard the liquidation estate, creditors and workmen. The court may restrain attachment before judgment and require any decree-holder to prove only as an unsecured creditor before the official liquidator. A pending proceeding may also be transferred to the company court where that course better serves expeditious and economical liquidation, especially when records are with the official liquidator, the claim is disputed, and evidence can be more efficiently dealt with by the winding-up court. Case-Laws Companies Law Fri, 13 Mar 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102258