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    <title>1998 (1) TMI 403 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>Territorial jurisdiction in a winding-up matter remains fixed by the statutory rule that the petition must lie before the High Court where the company&#039;s registered office is situated. Amalgamation and substitution of the original respondent-company did not enlarge that forum, because the transferor-company had ceased to exist and its liabilities vested in the transferee-company, while pending proceedings could continue only against the transferee-company. Consent, substitution, or acquiescence could not override the Companies Act jurisdictional mandate. As the substituted company&#039;s registered office was in Mumbai, the Punjab and Haryana High Court lacked territorial jurisdiction and the winding-up petition was not maintainable before it.</description>
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    <pubDate>Wed, 21 Jan 1998 00:00:00 +0530</pubDate>
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      <title>1998 (1) TMI 403 - HIGH COURT OF PUNJAB AND HARYANA</title>
      <link>https://www.taxtmi.com/caselaws?id=103578</link>
      <description>Territorial jurisdiction in a winding-up matter remains fixed by the statutory rule that the petition must lie before the High Court where the company&#039;s registered office is situated. Amalgamation and substitution of the original respondent-company did not enlarge that forum, because the transferor-company had ceased to exist and its liabilities vested in the transferee-company, while pending proceedings could continue only against the transferee-company. Consent, substitution, or acquiescence could not override the Companies Act jurisdictional mandate. As the substituted company&#039;s registered office was in Mumbai, the Punjab and Haryana High Court lacked territorial jurisdiction and the winding-up petition was not maintainable before it.</description>
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      <pubDate>Wed, 21 Jan 1998 00:00:00 +0530</pubDate>
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