https://www.taxtmi.com/caselaws?id=340606 The court upheld the auction sale of the suit property, confirming the auction purchaser's title. It found the attachment and sale justified due to fraudulent activities, dismissing appeals and emphasizing the protection of creditors' interests. The court rejected D.K. Warehouse's claims, highlighting the importance of judicial sales and the rights of bona fide purchasers in court auctions. The court validated the auction sale under Sections 536 and 537 of the Companies Act, emphasizing the discretion of the Company Court and the timing of the sale before the winding-up order. 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 The court upheld the auction sale of the suit property, confirming the auction purchaser's title. It found the attachment and sale justified due to fraudulent activities, dismissing appeals and emphasizing the protection of creditors' interests. The court rejected D.K. Warehouse's claims, highlighting the importance of judicial sales and the rights of bona fide purchasers in court auctions. The court validated the auction sale under Sections 536 and 537 of the Companies Act, emphasizing the discretion of the Company Court and the timing of the sale before the winding-up order. Case-Laws Companies Law Thu, 16 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340606