https://www.taxtmi.com/caselaws?id=779828 NCLAT dismissed the appeal, upholding the order directing the appellant to hand over title deeds. The tribunal found the appellant had no sustainable right: the registered Agreement for Sale did not culminate in a sale deed or specific-performance suit, and the subsequent Memorandum of Deposit of Title Deeds (MoDT) was unregistered and thus inadmissible to create an equitable mortgage under s.17 read with the State amendment and s.49 of the Registration Act. The appellant also failed to file a claim in liquidation despite notice. Consequently retention of the documents by the appellant was unjustified and the impugned directions required no interference. en-us Fri, 10 Oct 2025 00:00:00 +0530 Tue, 14 Oct 2025 09:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779828 NCLAT dismissed the appeal, upholding the order directing the appellant to hand over title deeds. The tribunal found the appellant had no sustainable right: the registered Agreement for Sale did not culminate in a sale deed or specific-performance suit, and the subsequent Memorandum of Deposit of Title Deeds (MoDT) was unregistered and thus inadmissible to create an equitable mortgage under s.17 read with the State amendment and s.49 of the Registration Act. The appellant also failed to file a claim in liquidation despite notice. Consequently retention of the documents by the appellant was unjustified and the impugned directions required no interference. Case-Laws IBC Fri, 10 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779828