1959 (7) TMI 25 - HC - Companies Law

Summary

The judgment concerns a petition under section 141 of the Indian Companies Act, 1956, seeking to extend the time for registration of a charge modification. The issue is whether the Madras City Civil Court qualifies as a "District Court" under the Act to exercise jurisdiction. The court rules that the Madras City Civil Court does not meet the criteria of being the principal civil court of original jurisdiction and therefore cannot handle matters under section 10(2) of the Act, which should be dealt with by the High Court.