https://www.taxtmi.com/caselaws?id=301861 The Company Court's direction to assign land to a company in liquidation, not explicitly sought by the applicant, was set aside as exceeding its jurisdiction. The company's entitlement to a sale deed for allotted land was denied due to unresolved cost issues and lack of a specific application, emphasizing the need for clear entitlement to property rights for judicial intervention. The judgment highlights the importance of adhering to procedural rules and the limits of equitable jurisdiction in company law proceedings, emphasizing that court powers must align with relief sought in applications. en-us Mon, 24 Nov 2008 00:00:00 +0530 Sat, 23 Apr 2022 11:22:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301861 The Company Court's direction to assign land to a company in liquidation, not explicitly sought by the applicant, was set aside as exceeding its jurisdiction. The company's entitlement to a sale deed for allotted land was denied due to unresolved cost issues and lack of a specific application, emphasizing the need for clear entitlement to property rights for judicial intervention. The judgment highlights the importance of adhering to procedural rules and the limits of equitable jurisdiction in company law proceedings, emphasizing that court powers must align with relief sought in applications. Case-Laws Companies Law Mon, 24 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301861