https://www.taxtmi.com/caselaws?id=110906 Post-provisional-liquidator consent decrees obtained without leave of the Company Court were void against the company and Official Liquidator because proceedings continued without disclosure of liquidation, notice to the Official Liquidator, or authorised company representation. The decrees were set aside. Alleged flat sales, supported by disputed documents, cash consideration and doubtful board approvals, did not prima facie establish genuine title; failure to provide income-tax material and source-of-funds affidavits justified an adverse inference. The Official Liquidator could take immediate possession, while claimants retained the right to prove title through the prescribed Company Court process and seek restoration. en-us Mon, 04 Jul 2005 00:00:00 +0530 Thu, 19 Apr 2012 11:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110906 Post-provisional-liquidator consent decrees obtained without leave of the Company Court were void against the company and Official Liquidator because proceedings continued without disclosure of liquidation, notice to the Official Liquidator, or authorised company representation. The decrees were set aside. Alleged flat sales, supported by disputed documents, cash consideration and doubtful board approvals, did not prima facie establish genuine title; failure to provide income-tax material and source-of-funds affidavits justified an adverse inference. The Official Liquidator could take immediate possession, while claimants retained the right to prove title through the prescribed Company Court process and seek restoration. Case-Laws Companies Law Mon, 04 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110906