unregistered document can be used as evidence of any
collateral transaction. This is however subject to the condition
Signature Not Verified that the said collateral ... unregistered document can be used
as the evidence of any collateral transaction subject to the condition
that the said collateral transaction should not itself
unregistered document can be used as evidence of any
collateral transaction. This is however subject to the condition
Signature Not Verified that the said collateral ... unregistered document can be used
as the evidence of any collateral transaction subject to the condition
that the said collateral transaction should not itself
unregistered document can be used as evidence of any
collateral transaction. This is however subject to the condition
Signature Not Verified that the said collateral ... unregistered document can be used
as the evidence of any collateral transaction subject to the condition
that the said collateral transaction should not itself
unregistered document can be used as evidence of any
collateral transaction. This is however subject to the condition
Signature Not Verified that the said collateral ... unregistered document can be used
as the evidence of any collateral transaction subject to the condition
that the said collateral transaction should not itself
unregistered document can be used as evidence of any
collateral transaction. This is however subject to the condition
Signature Not Verified that the said collateral ... unregistered document can be used
as the evidence of any collateral transaction subject to the condition
that the said collateral transaction should not itself
power to adopt, or
(c) be received as evidence of any transaction affecting such property
or conferring such power, unless it has been registered:
Provided ... Relief
Act, 1877 (1 of 1877), or as evidence of any collateral transaction not
required to be effected by registered instrument."
25. Therefore, such
which are compulsorily registerable may be received as evidence
of any collateral transaction not required to be effected by registered
instrument. Even in Yellappu ... require any registered instrument to be effected and is a collateral
transaction not founded on the relinquishment effected vide the document.
Therefore, the said document
corporate debtor and the corporate debtor liable for punishment,
for carrying on transactions with a view to defraud creditors.
Therefore, NCLT is vested with ... inquire into (i) fraudulent
initiation of proceedings as well as (ii) fraudulent transactions. It is
significant to note that Section 65(1) deals with
that in
lieu of personal guarantee of the Petitioner, MBSL offered a
collateral security of Rs.33 Crores for which MBSL prayed for two
months ... Trust and
Retention Account Agreement ("TRA"), which required MBSL to
transact for its day-to-day functioning only through the TRA
Account
that in lieu of personal
guarantee of the Petitioner, MBSL offered a collateral security of Rs.33
Crores, for which MBSL prayed for two months ... Trust and
Retention Account Agreement ("TRA") which required MBSL to
transact, for its day-to-day functioning, only through the TRA Account