https://www.taxtmi.com/caselaws?id=218471 In company liquidation, a court-supervised sale of assets was not vitiated merely because sale directions were taken by a specially assigned Judge rather than the regular Company Judge, and a pending revival scheme did not by itself bar completion of the sale. The irregularity was treated as procedural, not illegal, and the completed sale was left undisturbed because a fresh sale would only delay beneficial winding up and creditor recovery. A purchaser buying on an "as is where is" basis could not resist payment of the balance consideration by seeking clarification of title or land status arising from proceedings under the West Bengal Estates Acquisition Act, 1953; such issues had to be pursued before the appropriate forum. en-us Tue, 14 Aug 2012 00:00:00 +0530 Fri, 16 Nov 2012 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218471 In company liquidation, a court-supervised sale of assets was not vitiated merely because sale directions were taken by a specially assigned Judge rather than the regular Company Judge, and a pending revival scheme did not by itself bar completion of the sale. The irregularity was treated as procedural, not illegal, and the completed sale was left undisturbed because a fresh sale would only delay beneficial winding up and creditor recovery. A purchaser buying on an "as is where is" basis could not resist payment of the balance consideration by seeking clarification of title or land status arising from proceedings under the West Bengal Estates Acquisition Act, 1953; such issues had to be pursued before the appropriate forum. Case-Laws Companies Law Tue, 14 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218471