Companies Act, 1956
Sec 435 - Transfer of winding up proceedings to
District Court.
Where a High Court makes an order for winding up a company under
this Act, the High Court may, if it thinks fit, direct all subsequent
proceedings to be had in a District Court subordinate thereto or, with the
consent of any other High Court, in such High Court or in a District Court
subordinate thereto; and thereupon for the purposes of winding up the company,
the Court in respect of which such direction is given shall be deemed to be
"the Court" within the meaning of this Act, and shall have all the
jurisdiction and powers of a High Court under this Act.