What is the remedy to the Decree holder if the Judgment Debtor company sales its property to a company which purchases it without any encumberances. There was no lien on any property of the JD but the tranction was with the JD company.
P V Namjoshi (pvnamjoshi@gmail.com) 16 February 2012
What is the remedy to the Decree holder if the Judgment Debtor company sales its property to a company which purchases it without any encumberances. There was no lien on any property of the JD but the tranction was with the JD company.
Shantilal Pandya ( Advocate) 17 February 2012
Transferee is also legal successor in interest for the purpose on hand and is bound by the decree , the decree can well be executed against the transferee,