https://www.taxtmi.com/caselaws?id=9112 The court affirmed that the official liquidator's actions under section 178(3) of the Income-tax Act are subject to the company judge's supervisory jurisdiction under section 446 of the Companies Act. Tax liability does not receive preferential treatment over other unsecured debts and must be treated equally. The court emphasized the importance of the company judge's supervisory role in ensuring the smooth progress of winding-up proceedings. The appeal was dismissed, upholding the jurisdiction of the company judge in overseeing the actions of the official liquidator. en-us Tue, 10 Apr 1973 00:00:00 +0530 Fri, 19 Jun 2009 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9112 The court affirmed that the official liquidator's actions under section 178(3) of the Income-tax Act are subject to the company judge's supervisory jurisdiction under section 446 of the Companies Act. Tax liability does not receive preferential treatment over other unsecured debts and must be treated equally. The court emphasized the importance of the company judge's supervisory role in ensuring the smooth progress of winding-up proceedings. The appeal was dismissed, upholding the jurisdiction of the company judge in overseeing the actions of the official liquidator. Case-Laws Income Tax Tue, 10 Apr 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9112