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    <title>2002 (4) TMI 817 - HIGH COURT OF RAJASTHAN</title>
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    <description>After a winding up order, a pending suit against the company cannot continue without leave of the Court under section 446(1) of the Companies Act, 1956, and any claim against the company in liquidation must be lodged before the official liquidator for scrutiny and adjudication before recovery. The respondent produced no reply or material to support an asserted cross-claim, so it could not rely on an unproven pending suit to resist payment of the admitted trade debt shown in the statement of affairs. The application by the official liquidator for recovery was maintainable and was allowed, with recovery of the debt, interest, and costs.</description>
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    <pubDate>Wed, 03 Apr 2002 00:00:00 +0530</pubDate>
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      <title>2002 (4) TMI 817 - HIGH COURT OF RAJASTHAN</title>
      <link>https://www.taxtmi.com/caselaws?id=106700</link>
      <description>After a winding up order, a pending suit against the company cannot continue without leave of the Court under section 446(1) of the Companies Act, 1956, and any claim against the company in liquidation must be lodged before the official liquidator for scrutiny and adjudication before recovery. The respondent produced no reply or material to support an asserted cross-claim, so it could not rely on an unproven pending suit to resist payment of the admitted trade debt shown in the statement of affairs. The application by the official liquidator for recovery was maintainable and was allowed, with recovery of the debt, interest, and costs.</description>
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      <pubDate>Wed, 03 Apr 2002 00:00:00 +0530</pubDate>
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