Re : M/S. Rungata Projects Limited-and- v. -Jayvee Engineering Corporation
Case brief
What is this about?
The Court held that it lacks jurisdiction to entertain a winding up proceeding at the pre-admission stage under the amended Companies Act, 2013. Relying on Supreme Court precedents, the matter and all connected applications were transferred to the National Company Law Tribunal, Kolkata, and the proceeding was disposed of in the High Court records.
What did the court decide?
CP/637/2014 and all connected applications transferred to the National Company Law Tribunal, Kolkata.