High Court of Bombay Holds NCLT Auction Sale Certificate Not Compulsorily Registrable Under Section 17 of Registration Act, 1908. Section 17(2)(xii) Exemption Applied to Sale Certificate Issued by Liquidator in Auctions Under Insolvency and Bankruptcy Code, 2016....
Background: The petitioner, a company incorporated under the Companies Act engaged in paper pulp activities, purchased leasehold rights in Plot No. D-40, MIDC Butibori, Nagpur, in an auction conducted...




