https://www.taxtmi.com/caselaws?id=197804 The court held that the Company Court retains jurisdiction to entertain winding-up petitions under the Companies Act, 1956, despite the existence of the Debt Recovery Tribunal under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. Winding-up petitions serve the dual purpose of debt recovery and protecting public interest, which is not inconsistent with the 1993 Act. The appeal was dismissed, and the order of the learned single judge was upheld. en-us Fri, 06 Jul 2001 00:00:00 +0530 Thu, 22 Feb 2018 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197804 The court held that the Company Court retains jurisdiction to entertain winding-up petitions under the Companies Act, 1956, despite the existence of the Debt Recovery Tribunal under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. Winding-up petitions serve the dual purpose of debt recovery and protecting public interest, which is not inconsistent with the 1993 Act. The appeal was dismissed, and the order of the learned single judge was upheld. Case-Laws Companies Law Fri, 06 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197804