valid as on 27/05/2024

27.5.3-Companies (Transfer of Pending Proceedings) Rules, 2016

3. Transfer of pending proceedings relating to cases other than Winding up.—

All proceedings under the Act, including proceedings relating to arbitration, compromise, arrangements and reconstruction, other than proceedings relating to winding up on the date of coming into force of these rules shall stand transferred to the Benches of the Tribunal exercising respective territorial jurisdiction:

Provided that all those proceedings which are reserved for orders for allowing or otherwise of such proceedings shall not be transferred.

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