https://www.taxtmi.com/caselaws?id=97616 The text clarifies that orders under section 120(1) protect only rights acquired in respect of the charged property, so unsecured creditors lack locus standi; section 120 applies solely to failures to register within the time required by section 109 and does not empower extensions for cases governed by section 109A; an extension order made under section 120 in a section 109A case is not a nullity but a voidable act arising from irregular assumption of jurisdiction and may be revoked only by persons who have acquired rights in the mortgaged property. en-us Mon, 02 Mar 1959 00:00:00 +0530 Tue, 17 Jan 2012 14:48:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97616 The text clarifies that orders under section 120(1) protect only rights acquired in respect of the charged property, so unsecured creditors lack locus standi; section 120 applies solely to failures to register within the time required by section 109 and does not empower extensions for cases governed by section 109A; an extension order made under section 120 in a section 109A case is not a nullity but a voidable act arising from irregular assumption of jurisdiction and may be revoked only by persons who have acquired rights in the mortgaged property. Case-Laws Companies Law Mon, 02 Mar 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97616