Bombay High Court Allows Landlord's Application for Possession of Tenanted Premises from Official Liquidator in Company Liquidation — Tenancy Rights Not Assets Under Section 446 of Companies Act, 1956. Monthly tenancy rights do not constitute assets of the company in liquidation; the Company Court can direct handover of possession where the Official Liquidator's need is not genuine.
12 Mar 2025The applicants, as landlords of Flat Nos. 4 and 5 in Jaitirath Mansion, Barrack Road, Mumbai, filed an application under Section 446 of the Companies ...
