https://www.taxtmi.com/caselaws?id=431938 Transfer or registration of secured assets during an operative moratorium under the Insolvency and Bankruptcy Code, 2016 is unenforceable. A sale certificate issued under a private treaty remained subject to compulsory registration and stamp duty requirements, and registration completed after the moratorium breach could not confer any right, title, or interest on the purchaser. A plea of good faith did not cure a transfer made in violation of the insolvency restraint. The existence of a remedy under the SARFAESI Act did not bar insolvency jurisdiction where the grievance was breach of moratorium, and Section 60(5) continued to govern the dispute. en-us Tue, 20 Dec 2022 00:00:00 +0530 Tue, 03 Oct 2023 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431938 Transfer or registration of secured assets during an operative moratorium under the Insolvency and Bankruptcy Code, 2016 is unenforceable. A sale certificate issued under a private treaty remained subject to compulsory registration and stamp duty requirements, and registration completed after the moratorium breach could not confer any right, title, or interest on the purchaser. A plea of good faith did not cure a transfer made in violation of the insolvency restraint. The existence of a remedy under the SARFAESI Act did not bar insolvency jurisdiction where the grievance was breach of moratorium, and Section 60(5) continued to govern the dispute. Case-Laws Insolvency and Bankruptcy Tue, 20 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431938