What the Supreme Court held on transfer of winding up cases pending in High Courts

What the Supreme Court held on transfer of winding up cases pending in High Courts
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The Supreme Court has held that winding up cases under Section 20 of the defunct Sick Industrial Companies (SIC) Act pending before the High Court must be transferred to the National Company Law Tribunal (NCLT) once a party files an application as per Section 7 of the Insolvency and Bankruptcy Code.

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