https://www.taxtmi.com/caselaws?id=785113 Interaction between prohibition of benami transactions and corporate insolvency law: the court held that assets of the corporate debtor under the insolvency resolution process include properties held benami, and that an NCLT-approved change of management pursuant to an approved resolution plan does not constitute a transfer within the meaning of the benami regime; consequently the approved resolution plan and new management are entitled to protection from actions against those properties, while the benamidar continues to hold title until lawful confiscation by the Central Government. Writ allowed on these terms. en-us Thu, 27 Nov 2025 00:00:00 +0530 Sat, 17 Jan 2026 08:45:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785113 Interaction between prohibition of benami transactions and corporate insolvency law: the court held that assets of the corporate debtor under the insolvency resolution process include properties held benami, and that an NCLT-approved change of management pursuant to an approved resolution plan does not constitute a transfer within the meaning of the benami regime; consequently the approved resolution plan and new management are entitled to protection from actions against those properties, while the benamidar continues to hold title until lawful confiscation by the Central Government. Writ allowed on these terms. Case-Laws Benami Property Thu, 27 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785113