Disposed
In the Matter of: Sanwaria Creations Pvt. Ltd. -and- v. Intex India Trading Company Pvt. Ltd.
Calcutta HCCP/437/2016
Case brief
AI extract
What is this about?
The Court held that in view of amended provisions of the Companies Act and Supreme Court decisions, it no longer retains jurisdiction over the winding up proceedings of the company as immovable properties remain unsold. CP/437/2016 and all connected applications were transferred to the National Company Law Tribunal.
What did the court decide?
CP/437/2016 along with all pending applications were transferred to the National Company Law Tribunal, Kolkata.