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Rule 3

Transfer of pending proceedings relating to cases other than Winding up

All proceedings under the Act, including proceedings relating to arbitration, compromise, arrangements and reconstruction, other than proceedings relating to winding up on the date of coming into force of these rules shall stand transferred to the Benches of the Tribunal exercising respective territorial jurisdiction:

Proviso

Provided that all those proceedings which are reserved for orders for allowing or otherwise of such proceedings shall not be transferred.