https://www.taxtmi.com/caselaws?id=108628 The Debt Recovery Tribunal's power under section 19(18)(e) of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 to appoint a Commissioner for an inventory of a company's assets was treated as an ancillary power in aid of its recovery jurisdiction under section 17. That limited direction did not divest the provisional liquidator of custody or encroach on the company court's substantive control over winding up. Applying Allahabad Bank, prior leave of the company court was not required for the inventory exercise, and the objection based on liquidation failed. en-us Tue, 10 Dec 2002 00:00:00 +0530 Mon, 19 Aug 2013 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108628 The Debt Recovery Tribunal's power under section 19(18)(e) of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 to appoint a Commissioner for an inventory of a company's assets was treated as an ancillary power in aid of its recovery jurisdiction under section 17. That limited direction did not divest the provisional liquidator of custody or encroach on the company court's substantive control over winding up. Applying Allahabad Bank, prior leave of the company court was not required for the inventory exercise, and the objection based on liquidation failed. Case-Laws Companies Law Tue, 10 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108628