https://www.taxtmi.com/caselaws?id=386894 The High Court upheld the Company Judge's decision to transfer winding-up proceedings to the NCLT, dismissing the appeal. The transfer was deemed in line with the statutory framework and the objectives of the IBC. The court directed the Official Liquidator to comply with SARFAESI Act proceedings initiated by SBI and referred applications for expenses and release of mortgaged property to the NCLT. en-us Thu, 10 Oct 2019 00:00:00 +0530 Fri, 11 Oct 2019 12:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386894 The High Court upheld the Company Judge's decision to transfer winding-up proceedings to the NCLT, dismissing the appeal. The transfer was deemed in line with the statutory framework and the objectives of the IBC. The court directed the Official Liquidator to comply with SARFAESI Act proceedings initiated by SBI and referred applications for expenses and release of mortgaged property to the NCLT. Case-Laws Companies Law Thu, 10 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386894