Wednesday 5 March 2014

HC rejected lessor’s plea against auction of land as lease deed didn’t contain specific clause on fo

CL : Where lessor contended that holding of auction for transfer of leasehold rights of company in liquidation in favour of respondent was bad and without any authority as lease period had expired, in view of fact that there was no clause providing for forfeiture or eventuality in lease deed, company application filed by lessor could not be entertained


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