https://www.taxtmi.com/caselaws?id=769056 An immovable property may be treated as part of a corporate debtor's assets in insolvency where the takeover agreement, surrounding conduct, and accounting treatment consistently show an intended transfer, even if a registered sale deed has not been executed. The absence of formal conveyance leaves title imperfect, but it does not by itself justify restoring possession to the original owner during CIRP when the parties had acted on the transfer and consideration had been received. Any residual title dispute must be worked out through appropriate civil proceedings, and possession is not to be reclaimed merely on the basis of incomplete registration. en-us Wed, 16 Apr 2025 00:00:00 +0530 Fri, 18 Apr 2025 08:38:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769056 An immovable property may be treated as part of a corporate debtor's assets in insolvency where the takeover agreement, surrounding conduct, and accounting treatment consistently show an intended transfer, even if a registered sale deed has not been executed. The absence of formal conveyance leaves title imperfect, but it does not by itself justify restoring possession to the original owner during CIRP when the parties had acted on the transfer and consideration had been received. Any residual title dispute must be worked out through appropriate civil proceedings, and possession is not to be reclaimed merely on the basis of incomplete registration. Case-Laws IBC Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769056