Crores along with interest as financial debt on the
basis of an agreement dated 11.05.2021. Appellant claims that this is contrary
to the audited records ... Techindia Nirman Limited. Basis the agreement and which
was a non-existent agreement. Appellant claims that he agreement is backdated
by three years. Moreover
Naresh Sevantilal Shah & Anr vs M/S. Malharshanti Enterprises & Ors on 17 September
Paton Constructions Pvt Ltd vs M/S Malharshanti Enterprises & Ors on 17 September, 2024
Manish Jaju vs Malharshanti Enterprises & Ors on 17 September, 2024
NATIONAL COMPANY LAW APPELLATE
Manish Jaju vs Malharshanti Enterprises & Ors on 17 September, 2024
NATIONAL COMPANY LAW APPELLATE
Paton Constructions Pvt Ltd vs M/S Malharshanti Enterprises & Ors on 17 September, 2024
Naresh Sevantilal Shah & Anr vs M/S. Malharshanti Enterprises & Ors on 17 September
Naresh Sevantilal Shah & Anr vs M/S. Malharshanti Enterprises & Ors on 17 September
entering into the sale agreement,
and fair market value of the property as on the date of agreement is thus more
relevant for the purpose ... entered into.
However, to safeguard from the menace of entering into backdated sale agreement
at lesser value and to ensure that such sale agreement
oral agreement which could at a later date be converted into a written agreement. The absence of written agreement cannot automatically establish the non-existence ... derived by the abetters therefrom. Even if the action of backdating of the agreement is improper (and perhaps illegal), there is nothing in the evidence
