Acquisition can not be claimed on basis of unregistered document: NCLAT

Rahat Hussain Vs Divyesh Desai & Ors. (NCLAT Delhi) Adjudicating authority have passed order to handover the possession of the shops by the Appellant. It was the case of the appellant that he acquired rights from the respondent in pursuant to the agreement dated 07.09.2006. Property (shop) in question were part of government grant hence does not require registration. On the other hand, it was argued on behalf of the respondents that property was always shown in the records in the name of the Corporate Debtor and its Promoters/Directors. Hence, there was no authority in favour of the Execut...