https://www.taxtmi.com/caselaws?id=399151 NCLT held that it had no jurisdiction to grant leave to continue a pending civil suit against a company under liquidation where winding up proceedings were still pending before the High Court and an Official Liquidator had been appointed. The Tribunal considered the statutory scheme and transfer provisions, and found that they did not permit it to assume control over a liquidation matter remaining before the High Court. The proper forum for any application seeking leave to proceed with the suit was therefore the High Court. The applicant was directed to seek appropriate relief there. en-us Tue, 29 Sep 2020 00:00:00 +0530 Mon, 05 Oct 2020 07:27:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399151 NCLT held that it had no jurisdiction to grant leave to continue a pending civil suit against a company under liquidation where winding up proceedings were still pending before the High Court and an Official Liquidator had been appointed. The Tribunal considered the statutory scheme and transfer provisions, and found that they did not permit it to assume control over a liquidation matter remaining before the High Court. The proper forum for any application seeking leave to proceed with the suit was therefore the High Court. The applicant was directed to seek appropriate relief there. Case-Laws Companies Law Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399151