https://www.taxtmi.com/caselaws?id=468518 The Bombay HC held that the Company Court's winding-up jurisdiction is wide enough to entertain the Official Liquidator's report and any question of law or fact arising in liquidation, so the MIDC claim could be examined on that basis. It further held that a sale by the Official Liquidator in compulsory winding up is an involuntary transfer, because it is a court-supervised liquidation rather than a voluntary business decision. Accordingly, the applicable levy was standard transfer charges, not differential premium. The issue of extension charges was left to be considered if and when raised at the appropriate stage. en-us Tue, 09 Dec 2025 00:00:00 +0530 Mon, 11 May 2026 21:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468518 The Bombay HC held that the Company Court's winding-up jurisdiction is wide enough to entertain the Official Liquidator's report and any question of law or fact arising in liquidation, so the MIDC claim could be examined on that basis. It further held that a sale by the Official Liquidator in compulsory winding up is an involuntary transfer, because it is a court-supervised liquidation rather than a voluntary business decision. Accordingly, the applicable levy was standard transfer charges, not differential premium. The issue of extension charges was left to be considered if and when raised at the appropriate stage. Case-Laws Companies Law Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468518