https://www.taxtmi.com/caselaws?id=108105 The High Court dismissed the petition seeking direction for the District Court to continue proceedings in a winding-up petition. It was held that the District Court's jurisdiction is subject to a notification under section 10 of the Companies Act, 1956. The Court agreed with the interpretation that only the Central Government can confer jurisdiction on District Courts. The petition was deemed an abuse of court process affecting specific parties and leading to a stay on recovery of amounts due. The dismissal emphasized the lack of jurisdiction and misuse of legal process, allowing the petitioner to file in a competent court in the future. en-us Mon, 20 Dec 1999 00:00:00 +0530 Wed, 28 Mar 2012 17:49:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108105 The High Court dismissed the petition seeking direction for the District Court to continue proceedings in a winding-up petition. It was held that the District Court's jurisdiction is subject to a notification under section 10 of the Companies Act, 1956. The Court agreed with the interpretation that only the Central Government can confer jurisdiction on District Courts. The petition was deemed an abuse of court process affecting specific parties and leading to a stay on recovery of amounts due. The dismissal emphasized the lack of jurisdiction and misuse of legal process, allowing the petitioner to file in a competent court in the future. Case-Laws Companies Law Mon, 20 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108105