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    <title>2025 (10) TMI 1406 - MADRAS HIGH COURT</title>
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    <description>Post-winding-up sale deeds executed in favour of the appellant were treated as void under Section 536(2) of the Companies Act, 1956 because the transfers were made after commencement of winding up and the appellant failed to produce any antecedent document showing prior enforceable title. The record instead supported the company&#039;s claim over the lands through parent documents, powers of attorney, consideration receipts and custody of original title papers. In these circumstances, the court found no basis to validate the transfers, so the application was dismissed and the challenged land transactions could not defeat the liquidation process.</description>
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      <title>2025 (10) TMI 1406 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=468446</link>
      <description>Post-winding-up sale deeds executed in favour of the appellant were treated as void under Section 536(2) of the Companies Act, 1956 because the transfers were made after commencement of winding up and the appellant failed to produce any antecedent document showing prior enforceable title. The record instead supported the company&#039;s claim over the lands through parent documents, powers of attorney, consideration receipts and custody of original title papers. In these circumstances, the court found no basis to validate the transfers, so the application was dismissed and the challenged land transactions could not defeat the liquidation process.</description>
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