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Companies Law - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Handover of possession of the properties belonging to the ...


Court Voids Orders Recognizing Tenants on Liquidated Company Properties; Tenants Must Return Possession in One Week.

November 16, 2019

Case Laws     Companies Law     HC

Handover of possession of the properties belonging to the Company (In Liquidation) - Tenants - The orders/decrees passed by the Courts in favour of tenants declaring them to be tenants, are a nullity in the eyes of law and are declared illegal and void, as being coram non judice and hence not binding on the Official Liquidator of the Company (in liquidation) - The tenants are directed to handover physical possession of the properties set out in paragraphs 7 and 8 above within a period of one (1) week from the date of uploading this Order.

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