https://www.taxtmi.com/caselaws?id=174158 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. en-us Tue, 10 Apr 2007 00:00:00 +0530 Thu, 01 Oct 2015 12:42:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174158 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. Case-Laws Central Excise Tue, 10 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174158