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Transfers not in good faith to be void

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Full Text of the Document

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....a purchaser or encumbrancer in good faith and for valuable consideration, if made within a period of one year before the presentation of a petition for winding up by the Tribunal under this Act shall be void against the Company Liquidator.]     *************** NOTES:- 1.  Substituted vide Section 255 readwith Eleventh Schedule of the Insolvency and Bankruptcy ....

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