Back
SENTHILKUMAR RAMAMOORTHY
Sankar Raman – Appellant
Versus
Official Liquidator, High Court, Madras, As Provisional Liquidator of Maxworth Orchards (India) Limited, High Court, Corporate Bhavan, Rajaji Salai, Chennai-600001 – Respondent
ORDER :
[PRAYER IN C.A.Nos.3 & 4 of 2022: This Application is filed under Order XIV, Rule 8 of O.S. Rules 1956 r/w Sections 9, 11(b) of the Company Rules, 1959 praying to direct the Official Liquidator to exclude/delete the lands of the Applicant in S.F.No.287/4 from the list of details of the property for sale, i.e. Sl.No.99 – village Nagampatti – Project – MAX – NAGAMPATTI in Tirunelveli HUB in the sale notice dated 03.12.2021, measuring to an extent of about 3.27 acres in Nagampatti Village, Kayattar Taluk, Thoothukudi District in the sale notice dated 03.12.2021 for auction to be held at 11.01.2022 or any other subsequent date issued in pursuance to the orders of this Court in CA No.297 of 2021 in CP.No.57 of 1998.]
1. These applications are presented by a person claiming title to lands ad-measuring 3.27 acres in S.No.287/4A, at Nagampatti village, Kayattar Taluk, Thoothukudi District.
2. In Company Application No.3 of 2022, an interim stay of the auction sale is prayed for. In Company Application No.4 of 2022, the applicant seeks a direction to exclude/delete the lands of the applicant in S.F.No.287/4 from the sale notice. In support of the claim for title, the applicant has pla
Dispositions made after winding up under Section 536(2) of the Companies Act, 1956, are void unless validated by the Court, reaffirming the authority of the Official Liquidator over disputed properti....
The court upheld that powers of attorney executed post-winding-up are void, emphasizing the need for registered sale deeds to establish valid ownership, reaffirming precedence in the corporate liquid....
Compliance with statutory requirements for death certificates and the impact of delay in filing applications on the admissibility of claims.
Sale deeds executed post-winding up are void under Section 536(2) of the Companies Act, 1956, and powers of attorney executed for fraudulent purposes do not confer rights over property.
Sale deeds executed after a company's winding up are void unless validated by the court, while powers of attorney coupled with interest remain valid despite the principal's death.
Sale deeds executed after a company's winding up are void unless validated by the court, while powers of attorney coupled with interest remain valid despite the principal's death.
Transactions involving the sale of company assets after winding up are void unless validated by the court, emphasizing the necessity of registered sale deeds for property transfers.
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
