1931 (5) TMI 24 - HC - Companies Law

Summary

The judgment concerns an ex parte application by the Mines Board of Health, Asansol, to levy execution upon a certificate for the recovery of a debt due to the Crown under the Indian Mining Settlement Act. The court refused the application as the matter should be decided in the winding up process under section 230 of the Indian Companies Act. The Crown's prerogative right to priority no longer exists under the Companies Act. (Case citation: 1931 (5) TMI 24 - High Court of Calcutta)