High Court of Karnataka Allows Appeal by KIADB in Winding Up Matter, Holding That Leasehold Rights Cannot Be Sold Without Conveyance of Title. The Court set aside the auction sale of land by the Official Liquidator as the lease cum sale deed had not culminated in a sale deed and the lessor's consent was not obtained....
The Karnataka High Court at Bengaluru, comprising Justice Vineet Saran and Justice B Manohar, decided an appeal under Section 483 of the Companies Act, 1956, filed by the Karnataka Industrial Areas De...




