https://www.taxtmi.com/highlights?id=71328 CIRP - company under liquidation - Fraudulent transaction - Sale Deed executed by the Corporate Debtor in favour of the Respondent, with regard to the immovable property - It is settled position of law that there is a presumption that a ‘Registered Document’ is validly executed. The burden of proof, thus would be on the person who leads the evidence to rebut the presumption. In the instant case, this ‘Tribunal’ does not find any documentary evidence on record to establish that the said ‘Transaction’ is a ‘Fraudulent’ one. - AT en-us Sat, 05 Aug 2023 08:02:22 +0530 Sat, 05 Aug 2023 08:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71328 CIRP - company under liquidation - Fraudulent transaction - Sale Deed executed by the Corporate Debtor in favour of the Respondent, with regard to the immovable property - It is settled position of law that there is a presumption that a ‘Registered Document’ is validly executed. The burden of proof, thus would be on the person who leads the evidence to rebut the presumption. In the instant case, this ‘Tribunal’ does not find any documentary evidence on record to establish that the said ‘Transaction’ is a ‘Fraudulent’ one. - AT Highlights Insolvency and Bankruptcy Sat, 05 Aug 2023 08:02:22 +0530 https://www.taxtmi.com/highlights?id=71328