https://www.taxtmi.com/caselaws?id=213367 Rent arising from an official liquidator's continued occupation of Port Trust land during liquidation is treated as a winding-up expense, payable in priority to other debts. The Port Trust's enhanced notified rent may be recoverable until actual delivery of possession, and the liquidator cannot unilaterally reduce the claim. An auction purchaser given possession without authority acquires no enforceable right to retain the land, obtain lease renewal, or secure lease transfer. Delivery of possession requires vacant physical possession rather than symbolic possession, and the Port Trust may seek immediate restoration. en-us Mon, 15 Nov 2010 00:00:00 +0530 Mon, 04 Feb 2013 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213367 Rent arising from an official liquidator's continued occupation of Port Trust land during liquidation is treated as a winding-up expense, payable in priority to other debts. The Port Trust's enhanced notified rent may be recoverable until actual delivery of possession, and the liquidator cannot unilaterally reduce the claim. An auction purchaser given possession without authority acquires no enforceable right to retain the land, obtain lease renewal, or secure lease transfer. Delivery of possession requires vacant physical possession rather than symbolic possession, and the Port Trust may seek immediate restoration. Case-Laws Companies Law Mon, 15 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213367