https://www.taxtmi.com/caselaws?id=111842 Sale of attached shares under the Special Courts Act was treated as implementable once the attachment followed notification and the sale scheme had already been judicially approved; unresolved individual liabilities and withdrawn denotification applications did not bar the sale. The Court also held that objections that the sale was premature, arbitrary, or likely to cause loss could not override the earlier approval of the sale scheme. However, because considerable time had passed and the Special Court had required further procedural steps and fresh expert advice, the Disposal Committee was required to reassess the timing and manner of sale before any further action. en-us Fri, 16 May 2008 00:00:00 +0530 Wed, 14 Aug 2013 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111842 Sale of attached shares under the Special Courts Act was treated as implementable once the attachment followed notification and the sale scheme had already been judicially approved; unresolved individual liabilities and withdrawn denotification applications did not bar the sale. The Court also held that objections that the sale was premature, arbitrary, or likely to cause loss could not override the earlier approval of the sale scheme. However, because considerable time had passed and the Special Court had required further procedural steps and fresh expert advice, the Disposal Committee was required to reassess the timing and manner of sale before any further action. Case-Laws Companies Law Fri, 16 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111842