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    <title>2026 (5) TMI 1677 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
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    <description>Disputed cotton bales were treated as third-party goods and excluded from the liquidation estate, so no further order was needed on that relief. The remaining dispute concerned the later sale of the shifted bales and competing rights over title and security interest, which were already pending before the DRAT. The tribunal held that its insolvency jurisdiction did not extend to adjudicating those underlying proprietary issues or undoing the sale in these proceedings, and left the parties to pursue remedies before the appropriate forum. It also noted that hypothecation did not extinguish the appellants&#039; subsisting right to redeem the hypotheca.</description>
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    <pubDate>Wed, 27 May 2026 00:00:00 +0530</pubDate>
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      <title>2026 (5) TMI 1677 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI (LB)</title>
      <link>https://www.taxtmi.com/caselaws?id=792474</link>
      <description>Disputed cotton bales were treated as third-party goods and excluded from the liquidation estate, so no further order was needed on that relief. The remaining dispute concerned the later sale of the shifted bales and competing rights over title and security interest, which were already pending before the DRAT. The tribunal held that its insolvency jurisdiction did not extend to adjudicating those underlying proprietary issues or undoing the sale in these proceedings, and left the parties to pursue remedies before the appropriate forum. It also noted that hypothecation did not extinguish the appellants&#039; subsisting right to redeem the hypotheca.</description>
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