Whether the Liquidator is competent to determine and admit a specific amount of money as payable to a particular creditor, when there is pending litigation before the appropriate forum, such as the DRT/High Courts and other Judicial Authorities – Mr. Ashok Oswal, Managing Director (Suspended) Oswal Spinning and Weaving Mills Ltd. Vs. Hemanshu Jetley (Liquidator) – NCLT Chandigarh Bench

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When an auction purchaser derives title on confirmation of sale in his favour, and a sale certificate is issued evidencing such sale and title, no further deed of transfer from the court is contemplated or required & it does not required registration u/s 17(2)(xii) of the Registration Act – Nitin Garg Suspended Director of Corporate Debtor Vs. State Bank of India Member of CoC – NCLAT New Delhi

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