https://www.taxtmi.com/caselaws?id=297553 The Tribunal allowed the application filed by the Resolution Professional, declaring the transaction as preferential under Section 43 of the Insolvency & Bankruptcy Code, 2016. The Sale Deed was set aside, and the property was ordered to vest back in the Corporate Debtor. The 1st Respondent was directed to surrender all original documents related to the transfer, and the Sale Deed was to be canceled and recorded as such in the encumbrance records. en-us Fri, 26 Feb 2021 00:00:00 +0530 Fri, 10 Sep 2021 02:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297553 The Tribunal allowed the application filed by the Resolution Professional, declaring the transaction as preferential under Section 43 of the Insolvency & Bankruptcy Code, 2016. The Sale Deed was set aside, and the property was ordered to vest back in the Corporate Debtor. The 1st Respondent was directed to surrender all original documents related to the transfer, and the Sale Deed was to be canceled and recorded as such in the encumbrance records. Case-Laws Insolvency and Bankruptcy Fri, 26 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297553