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    <title>2006 (2) TMI 302 - HIGH COURT OF GUJARAT</title>
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    <description>Jurisdiction in winding up proceedings is fixed when the petition is presented, based on the company&#039;s registered office at that time; a later change of registered office does not divest a High Court already seized of the matter, and an unchallenged sick industrial company board opinion may be persuasive but is not determinative. A final winding up order cannot be made without first admitting the petition and directing advertisement under the company court rules, because that procedure protects the company and potential objectors. The jurisdictional objection failed, but the direct winding up order was set aside and the matter remitted to proceed from admission.</description>
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    <pubDate>Mon, 27 Feb 2006 00:00:00 +0530</pubDate>
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      <title>2006 (2) TMI 302 - HIGH COURT OF GUJARAT</title>
      <link>https://www.taxtmi.com/caselaws?id=111541</link>
      <description>Jurisdiction in winding up proceedings is fixed when the petition is presented, based on the company&#039;s registered office at that time; a later change of registered office does not divest a High Court already seized of the matter, and an unchallenged sick industrial company board opinion may be persuasive but is not determinative. A final winding up order cannot be made without first admitting the petition and directing advertisement under the company court rules, because that procedure protects the company and potential objectors. The jurisdictional objection failed, but the direct winding up order was set aside and the matter remitted to proceed from admission.</description>
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      <pubDate>Mon, 27 Feb 2006 00:00:00 +0530</pubDate>
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