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A purchaser sought to set aside the sale certificate and compel...

Mortgaged land survey and boundary demarcation after liquidation sale certificate, purchaser's plea for repeat survey rejected

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IBC January 7, 2026 Case Laws AT
A purchaser sought to set aside the sale certificate and compel the liquidator to cooperate in identifying and demarcating mortgaged land. The tribunal held that land survey/demarcation is a statutory function requiring technical expertise and must be undertaken only by competent authorities under the Kerala Survey and Boundaries Act, 1961; the liquidator has no power to perform or substitute such adjudicatory exercise affecting civil rights. As the property had already been surveyed at the liquidator's request by the competent authority and the purchaser had not pursued statutory remedies or appeals for any further survey, no repeat survey was warranted. The appeal was dismissed. - NCLAT

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Acts Income Tax