https://www.taxtmi.com/caselaws?id=281150 A prior attachment by a judgment-creditor did not create any title, charge, or lien in the attached property, because attachment only restrains alienation and does not confer proprietary rights. The court distinguished earlier authority treating first attachment as a source of priority and held that the governing insolvency and execution scheme instead contemplated rateable distribution, not an absolute preference for the first attaching creditor. Accordingly, the Official Assignee, representing the insolvent estate and creditors generally, took the property free from any claimed priority based solely on prior attachment. en-us Fri, 02 May 1902 00:00:00 +0521 Wed, 05 Jun 2019 10:12:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281150 A prior attachment by a judgment-creditor did not create any title, charge, or lien in the attached property, because attachment only restrains alienation and does not confer proprietary rights. The court distinguished earlier authority treating first attachment as a source of priority and held that the governing insolvency and execution scheme instead contemplated rateable distribution, not an absolute preference for the first attaching creditor. Accordingly, the Official Assignee, representing the insolvent estate and creditors generally, took the property free from any claimed priority based solely on prior attachment. Case-Laws Indian Laws Fri, 02 May 1902 00:00:00 +0521 https://www.taxtmi.com/caselaws?id=281150