Winding-Up Petition Can Be Shifted From High Court To NCLT Without Formal Application: Delhi High Court
The Delhi High Court recently made a significant ruling concerning the Companies Act, 1956 in the case between Cowi India Pvt Ltd and Pinnacle Air Pvt Ltd. This ruling addresses whether a winding-up petition filed under the Companies Act, 1956 can be transferred from the High Court to the National Company Law Tribunal (NCLT) even without a formal application requesting such a transfer. Case Background: Cowi India Pvt Ltd filed…