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    <title>2004 (12) TMI 391 - HIGH COURT OF PATNA</title>
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    <description>Tenancy created after presentation of a winding up petition is vulnerable to being treated as a void transfer or act of insolvency and does not defeat the liquidator&#039;s statutory custody and control or his power to realize company assets; accordingly a post-petition tenant may not resist eviction by the Official Liquidator. Applications to review or recall earlier orders declaring otherwise were rejected because the tenancy arose post-petition and was not shown to be in the ordinary course of business. Offers by the tenant or low opportunistic bids were held unsuitable; possession must be delivered to the Official Liquidator for realization.</description>
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    <pubDate>Thu, 16 Dec 2004 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=110298</link>
      <description>Tenancy created after presentation of a winding up petition is vulnerable to being treated as a void transfer or act of insolvency and does not defeat the liquidator&#039;s statutory custody and control or his power to realize company assets; accordingly a post-petition tenant may not resist eviction by the Official Liquidator. Applications to review or recall earlier orders declaring otherwise were rejected because the tenancy arose post-petition and was not shown to be in the ordinary course of business. Offers by the tenant or low opportunistic bids were held unsuitable; possession must be delivered to the Official Liquidator for realization.</description>
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      <pubDate>Thu, 16 Dec 2004 00:00:00 +0530</pubDate>
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