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    <title>2007 (11) TMI 410 - HIGH COURT OF BOMBAY</title>
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    <description>A company petition by a contingent or prospective creditor need not first be placed before the Court for prior judicial acceptance before admission and leave to advertise. Under section 439(8) of the Companies Act, 1956 and rules 96 and 97 of the Companies (Court) Rules, 1959, the Court considers admission and leave to advertise after institution and registration, once a prima facie winding-up case is shown and security for costs is furnished where required. The fixing of a returnable date is an administrative step intended to list the matter for admission and further directions, and the Registry may perform that ministerial function.</description>
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      <description>A company petition by a contingent or prospective creditor need not first be placed before the Court for prior judicial acceptance before admission and leave to advertise. Under section 439(8) of the Companies Act, 1956 and rules 96 and 97 of the Companies (Court) Rules, 1959, the Court considers admission and leave to advertise after institution and registration, once a prima facie winding-up case is shown and security for costs is furnished where required. The fixing of a returnable date is an administrative step intended to list the matter for admission and further directions, and the Registry may perform that ministerial function.</description>
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