https://www.taxtmi.com/caselaws?id=200341 The Court upheld the validity of the sale of the suit property from the plaintiff's husband to her, deeming it genuine and for good consideration. The sale by the Official Receiver to the 3rd defendant was considered a nullity due to the lack of a vesting order. It was clarified that only the Insolvency Court has the jurisdiction to annul transfers under the Provincial Insolvency Act, with the Official Receiver being responsible for initiating such actions. The transfer to the plaintiff under Sections 36 and 37 was deemed valid, as it was not voluntary and had consideration, with the absence of annulment proceedings further supporting its validity. en-us Wed, 06 Nov 1918 00:00:00 +0530 Mon, 26 Mar 2018 14:32:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200341 The Court upheld the validity of the sale of the suit property from the plaintiff's husband to her, deeming it genuine and for good consideration. The sale by the Official Receiver to the 3rd defendant was considered a nullity due to the lack of a vesting order. It was clarified that only the Insolvency Court has the jurisdiction to annul transfers under the Provincial Insolvency Act, with the Official Receiver being responsible for initiating such actions. The transfer to the plaintiff under Sections 36 and 37 was deemed valid, as it was not voluntary and had consideration, with the absence of annulment proceedings further supporting its validity. Case-Laws Indian Laws Wed, 06 Nov 1918 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200341