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    <title>2008 (3) TMI 470 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>Proceedings affecting property of a company in liquidation cannot be commenced, continued, or implemented by another authority without leave of the company court under section 446 of the Companies Act, 1956. An order of resumption and forfeiture passed under the Punjab Regional and Town Planning and Development Act, 1995 against such property was held void ab initio and unenforceable because the jurisdictional bar under the Companies Act was not observed, and the availability of an alternate appellate or revisional remedy did not cure that defect. With the resumption order invalid, the auction purchaser was entitled to execution of the conveyance deed in accordance with the company court-approved sale.</description>
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    <pubDate>Fri, 14 Mar 2008 00:00:00 +0530</pubDate>
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      <title>2008 (3) TMI 470 - HIGH COURT OF PUNJAB AND HARYANA</title>
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      <description>Proceedings affecting property of a company in liquidation cannot be commenced, continued, or implemented by another authority without leave of the company court under section 446 of the Companies Act, 1956. An order of resumption and forfeiture passed under the Punjab Regional and Town Planning and Development Act, 1995 against such property was held void ab initio and unenforceable because the jurisdictional bar under the Companies Act was not observed, and the availability of an alternate appellate or revisional remedy did not cure that defect. With the resumption order invalid, the auction purchaser was entitled to execution of the conveyance deed in accordance with the company court-approved sale.</description>
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