https://www.taxtmi.com/caselaws?id=329877 Execution of a recovery certificate under the recovery statute remains within the exclusive jurisdiction of the Debt Recovery Tribunal and Recovery Officer, and the Company Court cannot interfere with a sale confirmed in that process merely because the debtor-company is in liquidation. The Official Liquidator may be associated with the sale process, but that does not confer supervisory power on the Company Court to cancel, confirm, or re-examine the auction. Once objections are rejected and the sale is confirmed, the aggrieved party must pursue the statutory appeal under the recovery legislation, and a parallel challenge before the Company Court is not maintainable. en-us Fri, 22 Apr 2016 00:00:00 +0530 Tue, 12 Jul 2016 11:06:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329877 Execution of a recovery certificate under the recovery statute remains within the exclusive jurisdiction of the Debt Recovery Tribunal and Recovery Officer, and the Company Court cannot interfere with a sale confirmed in that process merely because the debtor-company is in liquidation. The Official Liquidator may be associated with the sale process, but that does not confer supervisory power on the Company Court to cancel, confirm, or re-examine the auction. Once objections are rejected and the sale is confirmed, the aggrieved party must pursue the statutory appeal under the recovery legislation, and a parallel challenge before the Company Court is not maintainable. Case-Laws Companies Law Fri, 22 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329877