https://www.taxtmi.com/caselaws?id=340606 A court-conducted auction sale was sustained because the purchaser was a stranger to the dispute, the sale followed attachment, proclamation and public notice, and later title objections could not defeat a bona fide third-party auction purchase. The corporate veil was also lifted on the basis of inter-connected entities, shareholding material and fraud findings, where the structure was used to conceal real control and evade liabilities. A later claim by a purported subsequent purchaser failed because the agreement to sell was unregistered, post-dated the auction, and did not show absence of notice. The auction purchaser's title and possession were protected. en-us Thu, 16 Mar 2017 00:00:00 +0530 Thu, 23 Mar 2017 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340606 A court-conducted auction sale was sustained because the purchaser was a stranger to the dispute, the sale followed attachment, proclamation and public notice, and later title objections could not defeat a bona fide third-party auction purchase. The corporate veil was also lifted on the basis of inter-connected entities, shareholding material and fraud findings, where the structure was used to conceal real control and evade liabilities. A later claim by a purported subsequent purchaser failed because the agreement to sell was unregistered, post-dated the auction, and did not show absence of notice. The auction purchaser's title and possession were protected. Case-Laws Companies Law Thu, 16 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340606