SC: Only Valid Sales During Insolvency Protected After Annulment under S.37 Of Insolvency Act - 29.09.2025

Supreme Court, in a dispute over partnership shareholding clarified that only valid transactions during insolvency are protected after annulment. It upheld a 1983 sale of a 1-anna share by a court-appointed Receiver to a partner as valid under insolvency law.

Tags : Partnership Insolvency Annulment

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