Madhuban Pvt. Ltd. vs Narain Dass Gokal Chand on 20 October, 1979
The judgment in the said Bombay case, therefore, has no application to the facts of the present case On the other hand in Ashoke Tea Estate (P) Ltd, v. Registrar Joint Stock Companies Madras it was held that the old Act having been repealed, the jurisdiction of the District Court conferred by the order of the Government under the old Act was saved by section 24 of the General Clauses Act In any case, the position of the District Judge, Delhi, as stated above; is entirely different, because the jurisdiction conferred on him was not by a local Government, but by the Central Government itself and was specifically saved by section 645 of the Companies Act 1956
(7) The learned counsel for the appellant further contended that the notice required to be served under section 434 of the Act could not help the respondent, as he had not taken out execution of the decree passed in his favor, which he was required to do under clause (B) of sub-section (1) of section 434. Section 434 of the Companies Act, 1956 reads as follows :-