https://www.taxtmi.com/caselaws?id=213554 In a court-controlled sale of immovable property belonging to a company in liquidation, the purchaser could direct execution of the conveyance in favour of a nominee as co-purchaser because the sale terms did not expressly forbid that course. Confirmation of sale alone did not complete title where the conveyance had not yet been executed and registered; under the Code of Civil Procedure, the Transfer of Property Act, 1882 and the Registration Act, title passed only at the conveyance stage. The purchaser's common law right to nominate remained available unless excluded by contract, and the nominee could be joined as co-purchaser since full consideration had been paid and no additional burden arose for the Official Liquidator. en-us Tue, 22 Mar 2011 00:00:00 +0530 Fri, 25 May 2012 08:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213554 In a court-controlled sale of immovable property belonging to a company in liquidation, the purchaser could direct execution of the conveyance in favour of a nominee as co-purchaser because the sale terms did not expressly forbid that course. Confirmation of sale alone did not complete title where the conveyance had not yet been executed and registered; under the Code of Civil Procedure, the Transfer of Property Act, 1882 and the Registration Act, title passed only at the conveyance stage. The purchaser's common law right to nominate remained available unless excluded by contract, and the nominee could be joined as co-purchaser since full consideration had been paid and no additional burden arose for the Official Liquidator. Case-Laws Companies Law Tue, 22 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213554