<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>1971 (2) TMI 129 - DELHI HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=289072</link>
    <description>A company&#039;s tenancy rights in liquidation do not vest in the Court or the Official Liquidator, who acts only as administrator and agent of the company until dissolution. Although a sale by the Liquidator with court sanction is not a sale by operation of law, the tenancy remains subject to the Delhi Rent Control Act, which restricts transfer, assignment, or relinquishment without the landlord&#039;s written consent and penalises unauthorised dealings. In the absence of such consent, the tenancy rights are not freely saleable, and the Liquidator cannot authorise their sale contrary to those statutory restraints. The application seeking permission to sell was therefore not maintainable.</description>
    <language>en-us</language>
    <pubDate>Fri, 19 Feb 1971 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 13 Jul 2020 11:10:30 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=617277" rel="self" type="application/rss+xml"/>
    <item>
      <title>1971 (2) TMI 129 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=289072</link>
      <description>A company&#039;s tenancy rights in liquidation do not vest in the Court or the Official Liquidator, who acts only as administrator and agent of the company until dissolution. Although a sale by the Liquidator with court sanction is not a sale by operation of law, the tenancy remains subject to the Delhi Rent Control Act, which restricts transfer, assignment, or relinquishment without the landlord&#039;s written consent and penalises unauthorised dealings. In the absence of such consent, the tenancy rights are not freely saleable, and the Liquidator cannot authorise their sale contrary to those statutory restraints. The application seeking permission to sell was therefore not maintainable.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Fri, 19 Feb 1971 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=289072</guid>
    </item>
  </channel>
</rss>