https://www.taxtmi.com/caselaws?id=108390 Company Court jurisdiction includes power to pass interim orders to preserve assets of a company pending consideration of a scheme under the Companies Act; the Court applied that principle and ordered interim preservation measures. The Court treated a winding up petition company as within the statutory expression "company" and held the lease fell within the six month preferential/contingent transaction period, found prima facie suspicion over a large security deposit to a related party given nominal rent, and on that basis ordered attachment of the leased property subject to lifting upon deposit of 36 crores less rent, and directed disclosure of rent receipts. en-us Wed, 29 Jan 2003 00:00:00 +0530 Sat, 31 Mar 2012 13:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108390 Company Court jurisdiction includes power to pass interim orders to preserve assets of a company pending consideration of a scheme under the Companies Act; the Court applied that principle and ordered interim preservation measures. The Court treated a winding up petition company as within the statutory expression "company" and held the lease fell within the six month preferential/contingent transaction period, found prima facie suspicion over a large security deposit to a related party given nominal rent, and on that basis ordered attachment of the leased property subject to lifting upon deposit of 36 crores less rent, and directed disclosure of rent receipts. Case-Laws Companies Law Wed, 29 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108390