Void attachments in company winding up: tribunal leave required, except for government tax recovery proceedings. Section 537 provides that once a company is being wound up by the Tribunal, any attachment, distress, execution or sale of the company's estate or properties effected after commencement of the winding up, without leave of the Tribunal, is void; however, this prohibition does not apply to proceedings for recovery of taxes, imposts or dues payable to the Government.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Void attachments in company winding up: tribunal leave required, except for government tax recovery proceedings.
Section 537 provides that once a company is being wound up by the Tribunal, any attachment, distress, execution or sale of the company's estate or properties effected after commencement of the winding up, without leave of the Tribunal, is void; however, this prohibition does not apply to proceedings for recovery of taxes, imposts or dues payable to the Government.
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