https://www.taxtmi.com/caselaws?id=336608 The court ruled that the winding-up petitions, which had been served on the Respondent in accordance with Rule 26, would not be transferred to NCLT. They would remain under the jurisdiction of the High Court as per the Companies Act, 1956. This decision clarified that only petitions not served as required by Rule 26 would be transferred to NCLT, preserving the High Court's authority over appropriately served petitions. en-us Fri, 23 Dec 2016 00:00:00 +0530 Wed, 03 Jan 2018 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336608 The court ruled that the winding-up petitions, which had been served on the Respondent in accordance with Rule 26, would not be transferred to NCLT. They would remain under the jurisdiction of the High Court as per the Companies Act, 1956. This decision clarified that only petitions not served as required by Rule 26 would be transferred to NCLT, preserving the High Court's authority over appropriately served petitions. Case-Laws Insolvency and Bankruptcy Fri, 23 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336608