https://www.taxtmi.com/caselaws?id=231318 The Calcutta High Court dismissed the appeal regarding the enforcement of security by a banking company against mortgaged properties, emphasizing the lack of jurisdiction of the Company Court to examine the legality of transactions before a final winding-up order. The Court found that the appellant was not the mortgagee of the properties in question and highlighted the importance of due process and proper jurisdiction in matters concerning the enforcement of mortgages and property rights. The appellant was allowed to take legal steps in accordance with the law, with a requirement to notify the Special Officer before taking any action on the transferred properties. en-us Thu, 19 Jul 2012 00:00:00 +0530 Fri, 26 Apr 2013 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=231318 The Calcutta High Court dismissed the appeal regarding the enforcement of security by a banking company against mortgaged properties, emphasizing the lack of jurisdiction of the Company Court to examine the legality of transactions before a final winding-up order. The Court found that the appellant was not the mortgagee of the properties in question and highlighted the importance of due process and proper jurisdiction in matters concerning the enforcement of mortgages and property rights. The appellant was allowed to take legal steps in accordance with the law, with a requirement to notify the Special Officer before taking any action on the transferred properties. Case-Laws Companies Law Thu, 19 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=231318