https://www.taxtmi.com/caselaws?id=426469 The Tribunal granted a six-month extension instead of one year as sought by the Liquidator for the liquidation period, emphasizing prompt asset realization. Original Title Deeds were deemed untraceable, permitting the use of certified copies for property sales. Trust Deeds and Mortgages were declared null and void, with instructions for removal of charges. The Liquidator was authorized to sell Company properties in Liquidation in compliance with the IBC Code. The judgment highlighted the significance of efficient liquidation processes and adherence to legal requirements for optimal asset recovery. en-us Wed, 13 Jul 2022 00:00:00 +0530 Thu, 18 Aug 2022 08:15:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426469 The Tribunal granted a six-month extension instead of one year as sought by the Liquidator for the liquidation period, emphasizing prompt asset realization. Original Title Deeds were deemed untraceable, permitting the use of certified copies for property sales. Trust Deeds and Mortgages were declared null and void, with instructions for removal of charges. The Liquidator was authorized to sell Company properties in Liquidation in compliance with the IBC Code. The judgment highlighted the significance of efficient liquidation processes and adherence to legal requirements for optimal asset recovery. Case-Laws Insolvency and Bankruptcy Wed, 13 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426469