https://www.taxtmi.com/caselaws?id=97173 A sale of immovable property by an official liquidator completed and registered before an attachment is effective against that attachment where the transfer complied with the lex situs and the liquidator acted under the winding up court's authority. The liquidator succeeds to directors' powers to administer and dispose of company assets subject to supervision, and parties who participated in or recognised the winding up could have challenged the sale only within the winding up proceedings. In absence of shown jurisdictional conflict, a sale valid under the law of the situs confers valid title unaffected by subsequent attachment. en-us Mon, 17 Mar 1952 00:00:00 +0530 Sat, 14 Jan 2012 12:36:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97173 A sale of immovable property by an official liquidator completed and registered before an attachment is effective against that attachment where the transfer complied with the lex situs and the liquidator acted under the winding up court's authority. The liquidator succeeds to directors' powers to administer and dispose of company assets subject to supervision, and parties who participated in or recognised the winding up could have challenged the sale only within the winding up proceedings. In absence of shown jurisdictional conflict, a sale valid under the law of the situs confers valid title unaffected by subsequent attachment. Case-Laws Companies Law Mon, 17 Mar 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97173