Company winding up: post-commencement attachments or sales without Tribunal leave are void, except for government tax recoveries. Where a company is being wound up by the Tribunal, any attachment, distress or execution against the company's estate or effects, or any sale of company property, effected after commencement of the winding up without the Tribunal's leave, shall be void; this invalidation 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.
Company winding up: post-commencement attachments or sales without Tribunal leave are void, except for government tax recoveries.
Where a company is being wound up by the Tribunal, any attachment, distress or execution against the company's estate or effects, or any sale of company property, effected after commencement of the winding up without the Tribunal's leave, shall be void; this invalidation does not apply to proceedings for recovery of taxes, imposts or dues payable to the Government.
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