https://www.taxtmi.com/acts?id=36328 An order of provisional attachment by the Competent Authority has precedence for depositor claims over other attachments; attached money and property vest in the Competent Authority until the Designated Court orders otherwise. The Competent Authority must open a scheduled bank account for realised funds, refrain from utilising or disposing of attached assets except under Designated Court instructions, but may sell perishable items and apply proceeds as other attached property. en-us Wed, 06 Mar 2019 14:20:19 +0530 Fri, 02 Aug 2019 13:08:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36328 An order of provisional attachment by the Competent Authority has precedence for depositor claims over other attachments; attached money and property vest in the Competent Authority until the Designated Court orders otherwise. The Competent Authority must open a scheduled bank account for realised funds, refrain from utilising or disposing of attached assets except under Designated Court instructions, but may sell perishable items and apply proceeds as other attached property. Act-Rules Indian Laws Wed, 06 Mar 2019 14:20:19 +0530 https://www.taxtmi.com/acts?id=36328