https://www.taxtmi.com/caselaws?id=199139 On annulment of insolvency adjudication, the insolvent's share in joint family property did not automatically revest in him where the insolvency court had directed transfer of the assets to the guarantor; the transferred share therefore remained the insolvent's branch. A conveyance executed by the Official Assignee pursuant to the court order was treated as a valid transfer of the insolvent's entire right, title and interest and was not invalid for want of registration. The plaintiffs were denied any share in the partnership business or an accounting claim, but their entitlement was confined to the limited fractional shares recognised in the family properties and jewels. en-us Mon, 25 Aug 1986 00:00:00 +0530 Wed, 21 Feb 2018 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199139 On annulment of insolvency adjudication, the insolvent's share in joint family property did not automatically revest in him where the insolvency court had directed transfer of the assets to the guarantor; the transferred share therefore remained the insolvent's branch. A conveyance executed by the Official Assignee pursuant to the court order was treated as a valid transfer of the insolvent's entire right, title and interest and was not invalid for want of registration. The plaintiffs were denied any share in the partnership business or an accounting claim, but their entitlement was confined to the limited fractional shares recognised in the family properties and jewels. Case-Laws Indian Laws Mon, 25 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199139