Search Results for "disposition of property"

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Search Results for "disposition of property"

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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

High Court Sets Aside Company Judge's Order Restricting Disposition of Property in Winding Up Petition — Observations Held Unwarranted and Prejudicial to Third Party Rights Under Companies Act. The court held that at the acceptance stage of a winding up petition, drastic observations regarding disposition of property and transfer of shares should not be made without affording the petitioner an opportunity of hearing, and that such observations affect the rights of third parties under the Companies Act, 1956.

25 Sep 2014

The appeal arose from an order of the learned Company Judge placing a winding up petition for acceptance at a future date, but with a concluding parag...

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...

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