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liquidation

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liquidation
Posted inNews

Delhi High Court: “Company Court Cannot Shield Guarantors After Winding Up — Liability of Personal Guarantors Is Independent and Continues Even After Liquidation”

Court’s Decision The Division Bench of the Delhi High Court comprising Justice Anil Kshetrapal and Justice Harish Vaidyanathan Shankar dismissed a company appeal filed by the personal guarantors of a…
Posted by Rawlaw October 10, 2025
auction
Posted inNews

Bombay High Court Quashes Revenue Entries Against Auction Purchaser — “Once property is sold in liquidation, entries of charge in 7/12 extract have no effect”

Court’s Decision The Bombay High Court (Nagpur Bench) quashed revenue entries made by the Tahsildar in the 7/12 extract concerning auction-purchased property, holding that such charges were legally ineffective once…
Posted by Rawlaw August 25, 2025

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