Court restricts property transfer during proceedings due to duty liabilities and disposal actions, opponents must seek approval.

The court partially granted the application, restraining the opponents from alienating any properties without permission during the proceedings. The opponents were prohibited from transferring any properties without court or Commissioner approval due to substantial duty/penalty liabilities and actions indicating potential disposal of assets. The court considered the opponents' admission of discontinuing manufacturing activities and substantial reserves in their balance sheet, leading to the decision to impose restraints on property alienation. No costs were awarded in this case.

---

---

Issues involved: Application for directions to disclose property details and restrain alienation during legal proceedings.

Summary:
The applicants filed an application seeking directions for the opponents to disclose all movable and immovable properties owned by them and to declare any properties transferred or alienated. The opponents were also requested not to dispose of any properties during the legal proceedings. The court noted the substantial duty/penalty liability of the opponents and their actions of notifying plant and machinery for sale. The opponents admitted the discontinuation of manufacturing activities and highlighted substantial reserves in their balance sheet. Considering the circumstances and the opponents' statements, the court decided to restrain the opponents from alienating any properties without permission during the proceedings. The application was partly successful, and the opponents were prohibited from transferring any properties without the court's or Commissioner's approval. No costs were awarded in this matter.

---