https://www.taxtmi.com/caselaws?id=756324 Delhi HC granted permission to execute a decree against M/s Apollo Tubes and Steel Industries Ltd, currently under Official Liquidator's charge. The Court examined Section 446 of Companies Act, 1956, which requires leave for continuing suits against companies in winding up proceedings but remains silent on execution requirements. Relying on Bansidhar Shankarlal v. Mohd. Ibrahim (SC), the Court held that once leave is granted for suit continuation, no separate application is needed for decree execution, as execution proceedings constitute continuation of the suit itself. The applicant was permitted to execute the Madras HC decree dated November 24, 2023. en-us Mon, 29 Jul 2024 00:00:00 +0530 Wed, 31 Jul 2024 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756324 Delhi HC granted permission to execute a decree against M/s Apollo Tubes and Steel Industries Ltd, currently under Official Liquidator's charge. The Court examined Section 446 of Companies Act, 1956, which requires leave for continuing suits against companies in winding up proceedings but remains silent on execution requirements. Relying on Bansidhar Shankarlal v. Mohd. Ibrahim (SC), the Court held that once leave is granted for suit continuation, no separate application is needed for decree execution, as execution proceedings constitute continuation of the suit itself. The applicant was permitted to execute the Madras HC decree dated November 24, 2023. Case-Laws Companies Law Mon, 29 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756324