https://www.taxtmi.com/caselaws?id=448767 In insolvency proceedings, the Adjudicating Authority may decide a dispute over ownership of a registered trade mark when the issue directly concerns whether the mark forms part of the corporate debtor's assets under section 60(5)(c). A supplemental trade mark agreement can effect a valid assignment once any statutory bar ceases, and registration of the assignee's name is only procedural. Avoidance treatment as a preferential or undervalued transaction requires the resolution professional's statutory examination, application and supporting material; a mere comparison of consideration is insufficient. en-us Thu, 25 Jan 2024 00:00:00 +0530 Sat, 25 Jan 2025 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448767 In insolvency proceedings, the Adjudicating Authority may decide a dispute over ownership of a registered trade mark when the issue directly concerns whether the mark forms part of the corporate debtor's assets under section 60(5)(c). A supplemental trade mark agreement can effect a valid assignment once any statutory bar ceases, and registration of the assignee's name is only procedural. Avoidance treatment as a preferential or undervalued transaction requires the resolution professional's statutory examination, application and supporting material; a mere comparison of consideration is insufficient. Case-Laws IBC Thu, 25 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448767