Bombay High Court Declares Deed of Transfer Null and Void in Insolvency Case — Official Assignee Permitted to Take Possession of Flats Transferred After Adjudication as Insolvent. The court held that under Section 17 of the Presidency Towns Insolvency Act, 1909, property vests in the Official Assignee upon adjudication, and any transfer by the insolvent thereafter is void.
19 Mar 2024The Official Assignee filed a report seeking directions regarding two flats (E-901 and E-905) situated in Pune, which were transferred by the Insolven...





