subhashkhaitan at 2:15 p.m. on 28 April 12
a comapny was wound up by calcutta high courton 13.05.2010.
the first petition as per CP 353 of 2008 was filed in Nov2008,THe comapny sold some of its fixed assetts and also mortgaged some to some of its creditors without leave of the court.this was done withing preceeding 12 months of the date of filing of the petition ,will these be tretaed as VOID? will these be also treated as FRADULENT transactions?
One property was mortagged with the saidcompany by one of its debtors as equitablemortgage -a public announcement was also made to this effect.
Recently some person with high connections got this property registered in his motherin laws; name and that too at a much lower valuation onspite of objections filed as this person was holding a very high post in the judiciary of Karnataka.
Please advise what action and which sections of law and comapany act will apply to nullify these.
are citations of previous ases of similar judgjemnts available?
Anonymous User at 10:31 a.m. on 01 May 12