section 32
Company not to be woundup by Court.
The Central India Spinning, Weaving and Manufacturing Company Limited, the Empress Mills, Nagpur (Acquisition and Transfer of Undertaking) Act, 1986Corporate198637 sections4 chapters
Chapter VI COMMISSIONER OF PAYMENTS
Statutory text
No proceeding for the winding up of the company, the right, title and interest in relation to the undertaking owned by which, have vested in the State Government or the Corporation or the new Government company under this Act shall lie or be proceeded with in any Court except with the consent of the State Government.
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