Broker-assisted sale of attached negotiable instruments and corporate shares may replace public auction for government dues recovery. Sale of negotiable instruments and corporate shares attached for recovery of government dues may be authorised by the Proper Officer through a broker ... Summary
Broker-assisted sale of attached negotiable instruments and corporate shares may replace public auction for government dues recovery.
Sale of negotiable instruments and corporate shares attached for recovery of government dues may be authorised by the Proper Officer through a broker instead of public auction. This alternative sale mechanism applies notwithstanding other procedural requirements governing sale of attached property.
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