https://www.taxtmi.com/caselaws?id=369522 The court dismissed the application to transfer the petition to NCLT, maintaining jurisdiction due to advanced liquidation proceedings and ongoing SFIO investigations. Emphasizing the discretionary nature of section 434(1)(c) of the Companies Act, the court highlighted progress in the liquidation process and the pending Supreme Court decision on NCLT's authority. Flat buyers withdrew applications to proceed before the Consumer Court, with liberty to file claims before the OL granted. en-us Thu, 27 Sep 2018 00:00:00 +0530 Sat, 16 Mar 2019 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369522 The court dismissed the application to transfer the petition to NCLT, maintaining jurisdiction due to advanced liquidation proceedings and ongoing SFIO investigations. Emphasizing the discretionary nature of section 434(1)(c) of the Companies Act, the court highlighted progress in the liquidation process and the pending Supreme Court decision on NCLT's authority. Flat buyers withdrew applications to proceed before the Consumer Court, with liberty to file claims before the OL granted. Case-Laws Companies Law Thu, 27 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369522