https://www.taxtmi.com/caselaws?id=200338 The appeal was dismissed, confirming that the Civil Court maintains jurisdiction to continue with the mortgage suit alongside ongoing insolvency proceedings. Secured creditors retain their rights to enforce security under Section 28(6) of the Provincial Insolvency Act. The Insolvency Court is designated to address challenges to transaction validity under Section 53. The judgment highlights the importance of preserving the Civil Court's jurisdiction while harmonizing the interests of secured creditors within the insolvency regime. en-us Wed, 07 Jan 1925 00:00:00 +0530 Mon, 26 Mar 2018 14:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200338 The appeal was dismissed, confirming that the Civil Court maintains jurisdiction to continue with the mortgage suit alongside ongoing insolvency proceedings. Secured creditors retain their rights to enforce security under Section 28(6) of the Provincial Insolvency Act. The Insolvency Court is designated to address challenges to transaction validity under Section 53. The judgment highlights the importance of preserving the Civil Court's jurisdiction while harmonizing the interests of secured creditors within the insolvency regime. Case-Laws Indian Laws Wed, 07 Jan 1925 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200338