which was liable to be set aside as a fraudulent preference coming under Section 54 , Prov. Ins. Act.
5. We may dispose of the contention ... alienation or to set aside a contract as being a fraudulent preference, it is clear from the Official Assignee of Bombay v. Sundarachari
fact that the company is guilty of giving,a number of fraudulent preferences in favour of the Union Bank of India, the Regional Provident Fund ... preferred between creditors and creditors and especially preferred those in whom they were vitally interested; and could certainly be stigmatized as guilty of giving fraudulent
Official Liquidator formed the view
that the Consent Decree constituted a fraudulent preference and was thus
invalid. Official Liquidator accordingly filed Official Liquidator ... Court are clearly barred by time.
(c) The defence/plea of fraudulent preference raised by Official
Liquidator on the assumption that the Decree was allegedly
premises No.401 to 404 in the aforesaid
Complex is a fraudulent preference in favour of
Page 8 of 48
HC-NIC Page ... payment of the decretal dues, and therefore, it
is a fraudulent preference. Thus, the disposition
of the office premises by way of the aforesaid
sale
that these transactions executed in
September 1998, amount to fraudulent preference under Section
531 and voluntary transfers not in the ordinary course of business
void ... Sections 531 and 531-A of the Act, 1956 amounting to
fraudulent preference and being void in the of OL.
vi) He has further deposed
that these transactions executed in
September 1998, amount to fraudulent preference under Section
531 and voluntary transfers not in the ordinary course of business
void ... Sections 531 and 531-A of the Act, 1956 amounting to
fraudulent preference and being void in the of OL.
vi) He has further deposed
that these transactions executed in
September 1998, amount to fraudulent preference under Section
531 and voluntary transfers not in the ordinary course of business
void ... Sections 531 and 531-A of the Act, 1956 amounting to
fraudulent preference and being void in the of OL.
vi) He has further deposed
that these transactions executed in
September 1998, amount to fraudulent preference under Section
531 and voluntary transfers not in the ordinary course of business
void ... Sections 531 and 531-A of the Act, 1956 amounting to
fraudulent preference and being void in the of OL.
vi) He has further deposed
that these transactions executed in
September 1998, amount to fraudulent preference under Section
531 and voluntary transfers not in the ordinary course of business
void ... Sections 531 and 531-A of the Act, 1956 amounting to
fraudulent preference and being void in the of OL.
vi) He has further deposed
that these transactions executed in
September 1998, amount to fraudulent preference under Section
531 and voluntary transfers not in the ordinary course of business
void ... Sections 531 and 531-A of the Act, 1956 amounting to
fraudulent preference and being void in the of OL.
vi) He has further deposed
