https://www.taxtmi.com/caselaws?id=788326 An unregistered agreement for sale did not transfer title to immovable property or shares, so the assets remained part of the bankrupt's estate for administration by the bankruptcy trustee. Because no sale deed was executed and no timely specific performance action was pursued, the claimed interest could not defeat the estate. The limitation period for specific performance had expired, and the lapse of that period left the appellant without a subsisting enforceable right under the agreements. The result was that the assets could not be excluded from bankruptcy proceedings. en-us Tue, 11 Nov 2025 00:00:00 +0530 Fri, 20 Mar 2026 08:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788326 An unregistered agreement for sale did not transfer title to immovable property or shares, so the assets remained part of the bankrupt's estate for administration by the bankruptcy trustee. Because no sale deed was executed and no timely specific performance action was pursued, the claimed interest could not defeat the estate. The limitation period for specific performance had expired, and the lapse of that period left the appellant without a subsisting enforceable right under the agreements. The result was that the assets could not be excluded from bankruptcy proceedings. Case-Laws IBC Tue, 11 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788326