Search Results for "liquidation estate"

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Search Results for "liquidation estate"

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High Court

Bombay High Court Declares Sale of Company Property During Winding Up as Null and Void. Transfer of Leasehold Rights Without Court Permission Under Section 536(2) of Companies Act, 1956 Is Invalid.

5 Sep 2012

The Official Liquidator filed a report seeking directions regarding the property of Hindustan Transmission Products Ltd. (HTPL), which was in liquidat...

High Court

Bombay High Court Allows Interim Application Seeking Ratification of Sale Under Section 536(2) of Companies Act, 1956 — Court Ratifies Sale of Property by Company in Liquidation to Bona Fide Purchaser for Value Without Notice of Winding Up Petition.

10 Jun 2024

The Bombay High Court allowed an interim application filed by the applicant seeking a declaration that the sale agreement dated 5th September 2007 was...

High Court

Bombay High Court Dismisses Appeal Against Official Liquidator's Report Seeking Declaration of Sale as Null and Void in Company Liquidation. Transfer of Leasehold Rights by Company in Liquidation Without Court Sanction Held Invalid Under Section 536(2) of Companies Act, 1956.

11 Jan 2013

The appeal arose from a judgment of the learned Company Judge allowing the Official Liquidator's report seeking a declaration that the sale of immovab...

High Court

High Court of Karnataka Dismisses Application for Cooperation in Katha Transfer by Purchaser of Company Property — Sale Deed Executed After Filing of Winding-Up Petition Challenged Under Sections 536 and 537 of Companies Act, 1956. The official liquidator opposed transfer on ground of void sale, but the final outcome is not recorded in the extracted text.

14 Mar 2025

The case involved a Company Application before the High Court of Karnataka filed by a purchaser of real estate from a company under liquidation. The a...

High Court

Bombay High Court Validates Property Transactions Under Section 536(2) of Companies Act, 1956 Despite Winding-Up Order — Bona Fide Purchaser Without Notice. Court Holds That Post-Petition Dispositions Can Be Validated If Made in Ordinary Course of Business and for Adequate Consideration, Directing Sale Proceeds to Be Deposited With Official Liquidator.

4 May 2026

The case involves an Interim Application filed by M.M. Styles Private Limited seeking validation of two property transactions under Section 536(2) of ...

Tribunals

NCLAT Upholds Sale of Corporate Debtor as Going Concern in Liquidation — Confirms Immunity Under Section 32A IBC. Liquidator's Application for Confirmation of Sale and Immunity Allowed Despite Objections from Suspended Directors.

27 Sep 2024

The appeal arose from a common order dated 27.09.2024 passed by the NCLT, Chennai, in IA(IBC)/415/2024, IA(IBC)/1701/2023, and IA(IBC)/1757/2023 in th...

High Court

Bombay High Court Grants Interim Reliefs to Protect Estate of Deceased Testatrix in Administration Suit Pending Probate — Court Receiver Appointed for Inventory and Injunction Against Alienation of Flat. The court held that a suit for administration is maintainable even before grant of probate and that interim protection is necessary to prevent dissipation of assets under the Indian Succession Act, 1925.

23 Sep 2024

The suit was filed by Nina Anwar Merchant, the plaintiff, seeking administration of the estate of late Gulshan Rehman Meghani (testatrix) in accordanc...

High Court

Bombay High Court Dismisses Appeal Against Official Liquidator's Decision to Sell Company Assets as a Going Concern. Court Upholds Liquidator's Discretion Under Companies Act, 1956 to Reject Private Offers and Proceed with Public Auction for Maximizing Value.

19 Oct 2011

The case involves a Company Appeal filed by the legal heirs of Umashankar Saraf and other family members against the Official Liquidator of M/s. Rai B...

High Court

High Court of Karnataka Reviews Order Directing Liquidator to Accept Sale Proceeds in Insolvency Case. Insolvency and Bankruptcy Board of India Challenges Writ Order Alleging Irregularities in Auction Process Under IBC.

15 Dec 2025

The review petition was filed by the Insolvency and Bankruptcy Board of India (IBBI) under Section 114 read with Order XLVII Rule 1 of the Code of Civ...

High Court

High Court Permits Official Liquidator to Break Open Lock and Take Physical Possession of Company Premises Despite Collusive Tenancy Decrees Obtained After Winding Up Without Leave Under Section 446 Companies Act, 1956. The court held that decrees obtained without leave under Section 446 are void and the Official Liquidator is entitled to possession.

30 Aug 2019

The Official Liquidator filed a report seeking permission to break open the lock put by the ex-management of J.B. Diamonds Limited (in liquidation) an...

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