https://www.taxtmi.com/caselaws?id=275398 The court asserted jurisdiction under the Companies Act, allowing the sale of leasehold rights during winding-up proceedings. It interpreted an order from 1984, determining the current transfer as the first, dismissing the need for a differential premium. Respondent's demand for such premium was rejected, with the court imposing conditions on the applicants for relief. The court directed the execution of the transfer deed, payment of a standard fee, and maintenance of the holding-subsidiary relationship for two years. Ultimately, relief was granted to the applicants, emphasizing compliance with guidelines and previous orders. en-us Thu, 23 Nov 1995 00:00:00 +0530 Mon, 01 Oct 2018 10:14:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275398 The court asserted jurisdiction under the Companies Act, allowing the sale of leasehold rights during winding-up proceedings. It interpreted an order from 1984, determining the current transfer as the first, dismissing the need for a differential premium. Respondent's demand for such premium was rejected, with the court imposing conditions on the applicants for relief. The court directed the execution of the transfer deed, payment of a standard fee, and maintenance of the holding-subsidiary relationship for two years. Ultimately, relief was granted to the applicants, emphasizing compliance with guidelines and previous orders. Case-Laws Companies Law Thu, 23 Nov 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275398