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Company petition pending before HC was to be transferred to NCLT as per amended provisions of Section 434 of Cos Act

September 2, 2020[2020] 118 400 (Gujarat)

IBC : In view of amended provisions of section 434 of Companies Act, 2013, company petition pending before High Court was to be transferred to NCLT to be dealt with as an application for initiation of corporate insolvency resolution process under IBC

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