https://www.taxtmi.com/caselaws?id=291066 Fresh valuation and sale notice in liquidation were treated as compliant with the liquidation regulations because the liquidator had appointed registered valuers and proceeded on the material available. The applicant's attempt to classify the land as industrial failed, as the record contained no convincing proof of lawful conversion or payment of change-of-land-use charges, the earlier opportunity to adduce such evidence had attained finality, and revenue entries supported agricultural character. An RTI reply referring to industrial use for property tax purposes was held insufficient to establish legal conversion. The sale on an as is where is basis also supported the process. en-us Wed, 04 Dec 2019 00:00:00 +0530 Tue, 27 Oct 2020 10:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291066 Fresh valuation and sale notice in liquidation were treated as compliant with the liquidation regulations because the liquidator had appointed registered valuers and proceeded on the material available. The applicant's attempt to classify the land as industrial failed, as the record contained no convincing proof of lawful conversion or payment of change-of-land-use charges, the earlier opportunity to adduce such evidence had attained finality, and revenue entries supported agricultural character. An RTI reply referring to industrial use for property tax purposes was held insufficient to establish legal conversion. The sale on an as is where is basis also supported the process. Case-Laws Insolvency and Bankruptcy Wed, 04 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291066