https://www.taxtmi.com/caselaws?id=103534 A suit connected with liquidation proceedings was held fit to remain at the original forum because the balance of convenience favoured retention there. The company was already in liquidation, the official liquidator had substantially admitted the bank's claim, and the real dispute lay mainly between the bank and the guarantors. Transferring the matter to Chandigarh would have required the bank to produce numerous witnesses from Faridabad and nearby areas, causing avoidable expense and hardship. The transfer request under section 446(3) of the Companies Act, 1956 was therefore rejected, and the suit was directed to continue at Faridabad. en-us Sat, 25 Mar 1995 00:00:00 +0530 Thu, 23 Feb 2012 15:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103534 A suit connected with liquidation proceedings was held fit to remain at the original forum because the balance of convenience favoured retention there. The company was already in liquidation, the official liquidator had substantially admitted the bank's claim, and the real dispute lay mainly between the bank and the guarantors. Transferring the matter to Chandigarh would have required the bank to produce numerous witnesses from Faridabad and nearby areas, causing avoidable expense and hardship. The transfer request under section 446(3) of the Companies Act, 1956 was therefore rejected, and the suit was directed to continue at Faridabad. Case-Laws Companies Law Sat, 25 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103534