https://www.taxtmi.com/caselaws?id=103035 The High Court of Delhi, in a case concerning the enforcement of court orders under the Companies Act, 1956, ruled that an official liquidator must file an execution petition instead of a transfer application for decree enforcement. The court interpreted section 635 of the Companies Act, holding that orders under section 446(2) should be treated as decrees for recovery purposes. Emphasizing the legislative intent to expedite debt recovery, the court directed the official liquidator to follow specific procedures for enforcement, rejecting the transfer application. This decision clarified the statutory procedures for enforcing court orders in company debt matters. en-us Wed, 03 Jan 1996 00:00:00 +0530 Mon, 20 Feb 2012 13:34:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103035 The High Court of Delhi, in a case concerning the enforcement of court orders under the Companies Act, 1956, ruled that an official liquidator must file an execution petition instead of a transfer application for decree enforcement. The court interpreted section 635 of the Companies Act, holding that orders under section 446(2) should be treated as decrees for recovery purposes. Emphasizing the legislative intent to expedite debt recovery, the court directed the official liquidator to follow specific procedures for enforcement, rejecting the transfer application. This decision clarified the statutory procedures for enforcing court orders in company debt matters. Case-Laws Companies Law Wed, 03 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103035