https://www.taxtmi.com/caselaws?id=447277 An auction sale of mortgaged properties completed before the moratorium date was treated as valid and concluded, so the properties could not be brought into the liquidation estate of the corporate debtor. The Court noted that the factual position on prior completion of the sale was undisputed at hearing, and no defect was shown in the issue or forwarding of the sale certificate. It relied on the settled rule that the authorised officer must hand over a duly validated sale certificate to the auction purchaser and forward a copy to the registering authority under the Registration Act. en-us Wed, 06 Dec 2023 00:00:00 +0530 Fri, 22 Dec 2023 09:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447277 An auction sale of mortgaged properties completed before the moratorium date was treated as valid and concluded, so the properties could not be brought into the liquidation estate of the corporate debtor. The Court noted that the factual position on prior completion of the sale was undisputed at hearing, and no defect was shown in the issue or forwarding of the sale certificate. It relied on the settled rule that the authorised officer must hand over a duly validated sale certificate to the auction purchaser and forward a copy to the registering authority under the Registration Act. Case-Laws Insolvency and Bankruptcy Wed, 06 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447277