https://www.taxtmi.com/highlights?id=84329 NCLAT dismissed appeal against order rejecting claim of Rs. 42.86 crores by appellant as unsecured creditor. No evidence of loan advanced to corporate debtor. Agreement without registered sale deed cannot transfer immovable property under Registration Act. Mere agreement to sell without sale deed cannot prove claim amount was adjusted against sale consideration in dubious, preferential transaction to defraud creditors. en-us Fri, 27 Dec 2024 09:00:37 +0530 Fri, 27 Dec 2024 09:00:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84329 NCLAT dismissed appeal against order rejecting claim of Rs. 42.86 crores by appellant as unsecured creditor. No evidence of loan advanced to corporate debtor. Agreement without registered sale deed cannot transfer immovable property under Registration Act. Mere agreement to sell without sale deed cannot prove claim amount was adjusted against sale consideration in dubious, preferential transaction to defraud creditors. Highlights IBC Fri, 27 Dec 2024 09:00:37 +0530 https://www.taxtmi.com/highlights?id=84329