In view of the provisions contained under the Companies Act, 2013, which has envisaged that all proceedings under the Companies Act, 1956 (1 of 1956), including proceedings relating to arbitration, compromise, arrangements and reconstruction and winding up of companies, pending immediately before such date before any District Court or High Court; shall stand transferred to the National Company Law Tribunal (NCLT) and the Tribunal may proceed to deal with such proceedings from the stage before their transfer, provided that only such proceedings relating to the winding up of companies shall be transferred to the Tribunal; the Central Government has issued a notification dated 07.12.2016 in respect of transfer of proceedings/cases from the High Court to the NCLT vide notification dated 07.12.2016, which has been issued in exercise of power conferred under sub-sections (1) and (2) of Section 434 of the Companies Act, 2013 (18 of 2013) read with sub-section (1) of section 239 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016) by framing a rule by the Central Government called “The Companies (Transfer and Pending Proceedings) Rules, 2016”. Such transfer was challenged before this Court by filing W.P.(C) No.712 of 2017 and this Court stayed such transfer of cases to the NCLT, Kolkata. But, subsequently, due to establishment of National Company Law Tribunal,
