1958 (9) TMI 41

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....ned single Judge. An application was made for the winding up of the Bharat Electrical and Industrial Corporation Ltd., Alwar (hereinafter referred to as the company). The company had a paid up share capital of Rs. 5,80,000. An application for winding up was made in the High Court on the 26th November, 1954. It was transferred to the court of the learned District Judge, Alwar, who had been investe....

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.... the Punjab High Court in National Planners Ltd. v. Contributories etc. [1958] 28 Comp. Cas. 198 . The learned Judges of the Punjab High Court held that the District Judge in whose court the winding up proceedings were pending before the Act of 1956 came into force had jurisdiction to retain the proceedings in his court and to pass judgment thereon in accordance with the provisions of the old Act,....