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The Companies Act, 1956

Winding Up (Section 425 to 560)

Section 437 Power of High Court to retain winding up proceedings in District Court.

Section 437 Power of High Court to retain winding up proceedings in District Court.

The High Court may direct that a District Court  in which proceedings for winding up a company have been commenced, shall retain and continue the proceedings, although it may not be the court in which they ought to have been commenced.