https://www.taxtmi.com/caselaws?id=444999 Delhi HC transferred winding up petitions to NCLT under Section 434 of Companies Act, 2013. Court held that proceedings were at nascent stage with only pleadings completed and no substantive orders passed. Following SC precedent in Action Ispat case, HC ruled that non-advanced winding up proceedings should be transferred to NCLT. Registry directed to transfer all petitions and electronic records to NCLT, with parties required to appear before NCLT on specified date. en-us Thu, 19 Oct 2023 00:00:00 +0530 Sat, 28 Oct 2023 08:33:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444999 Delhi HC transferred winding up petitions to NCLT under Section 434 of Companies Act, 2013. Court held that proceedings were at nascent stage with only pleadings completed and no substantive orders passed. Following SC precedent in Action Ispat case, HC ruled that non-advanced winding up proceedings should be transferred to NCLT. Registry directed to transfer all petitions and electronic records to NCLT, with parties required to appear before NCLT on specified date. Case-Laws Companies Law Thu, 19 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444999