https://www.taxtmi.com/caselaws?id=199239 The court dismissed the application seeking to stay criminal proceedings under Section 138 of the Negotiable Instruments Act, ruling that such criminal proceedings do not fall within the jurisdiction of the Company Court to control legal proceedings in the context of winding-up processes under the Companies Act. The court emphasized that the terms "suit or other legal proceedings" and "suit or proceedings" in the Companies Act refer to civil proceedings related to winding up, not criminal complaints. The court granted an extension for depositing the ordered amount but rejected the request to stay the criminal proceedings. en-us Fri, 04 Sep 1998 00:00:00 +0530 Tue, 06 Mar 2018 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199239 The court dismissed the application seeking to stay criminal proceedings under Section 138 of the Negotiable Instruments Act, ruling that such criminal proceedings do not fall within the jurisdiction of the Company Court to control legal proceedings in the context of winding-up processes under the Companies Act. The court emphasized that the terms "suit or other legal proceedings" and "suit or proceedings" in the Companies Act refer to civil proceedings related to winding up, not criminal complaints. The court granted an extension for depositing the ordered amount but rejected the request to stay the criminal proceedings. Case-Laws Companies Law Fri, 04 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199239