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 2026The case involves an Interim Application filed by M.M. Styles Private Limited seeking validation of two property transactions under Section 536(2) of ...






