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    <title>2008 (5) TMI 401 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=111800</link>
    <description>Where a company court had expressly required its own confirmation of an auction sale and association of the Official Liquidator, the Recovery Officer lacked authority to confirm the sale independently. A confirmation made without jurisdiction was a nullity, and the subsequent sale certificate and registered sale deed could not validate it or create enforceable rights. The absence of the Official Liquidator&#039;s participation provided an additional basis for interference. Although the purchaser had paid the full consideration and incurred incidental expenses after the illegal confirmation, the sale was not restored and only limited equitable relief was granted.</description>
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    <pubDate>Fri, 02 May 2008 00:00:00 +0530</pubDate>
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      <title>2008 (5) TMI 401 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=111800</link>
      <description>Where a company court had expressly required its own confirmation of an auction sale and association of the Official Liquidator, the Recovery Officer lacked authority to confirm the sale independently. A confirmation made without jurisdiction was a nullity, and the subsequent sale certificate and registered sale deed could not validate it or create enforceable rights. The absence of the Official Liquidator&#039;s participation provided an additional basis for interference. Although the purchaser had paid the full consideration and incurred incidental expenses after the illegal confirmation, the sale was not restored and only limited equitable relief was granted.</description>
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      <pubDate>Fri, 02 May 2008 00:00:00 +0530</pubDate>
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