https://www.taxtmi.com/caselaws?id=9078 Company court powers in an amalgamation extend to incidental, consequential or supplemental directions necessary to implement the reconstruction or amalgamation effectively. Applying ejusdem generis, enforcement of a transferor-company's pre-existing tax liability against the transferee-company is merely a consequence of amalgamation and falls outside that power; the company court cannot issue an executable creditor decree in the amalgamation proceeding. The requested direction was therefore not maintainable and outside the court's jurisdiction. Article 137 of the Limitation Act, as then construed, did not bar this special-statute application, but rejection of the limitation objection did not affect the failure of the requested relief. en-us Wed, 19 Dec 1973 00:00:00 +0530 Fri, 19 Jun 2009 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9078 Company court powers in an amalgamation extend to incidental, consequential or supplemental directions necessary to implement the reconstruction or amalgamation effectively. Applying ejusdem generis, enforcement of a transferor-company's pre-existing tax liability against the transferee-company is merely a consequence of amalgamation and falls outside that power; the company court cannot issue an executable creditor decree in the amalgamation proceeding. The requested direction was therefore not maintainable and outside the court's jurisdiction. Article 137 of the Limitation Act, as then construed, did not bar this special-statute application, but rejection of the limitation objection did not affect the failure of the requested relief. Case-Laws Income Tax Wed, 19 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9078