2003 (7) TMI 583 - HC - Companies Law

Summary

The High Court of Rajasthan allowed the applicants to proceed with their writ petitions against the Rajasthan State Agro Industries Corporation (in liquidation) under section 446 of the Companies Act, 1956. The court granted permission based on previous similar cases and the fact that the winding-up order was stayed, and no Liquidator was appointed. The applicants were permitted to prosecute their writ petitions in the court concerned.