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    <title>2021 (9) TMI 311 - MADRAS HIGH COURT</title>
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    <description>Under the benami law, provisional attachment and initiation of adjudication were treated as valid even where the alleged transactions pre-dated 1 November 2016, because the amended scheme was held to operate from 19 May 1988 except for Sections 3, 5 and 8. The Court characterised provisional attachment as an interim measure pending adjudication and noted that the statute requires reference to the Adjudicating Authority and issue of notice under Section 26(1). A challenge at the threshold on lack of jurisdiction and breach of natural justice was therefore rejected, and the writ petition failed, leaving the petitioner to to the statutory notice and participate in the pending proceedings.</description>
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    <pubDate>Tue, 31 Aug 2021 00:00:00 +0530</pubDate>
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      <title>2021 (9) TMI 311 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=411966</link>
      <description>Under the benami law, provisional attachment and initiation of adjudication were treated as valid even where the alleged transactions pre-dated 1 November 2016, because the amended scheme was held to operate from 19 May 1988 except for Sections 3, 5 and 8. The Court characterised provisional attachment as an interim measure pending adjudication and noted that the statute requires reference to the Adjudicating Authority and issue of notice under Section 26(1). A challenge at the threshold on lack of jurisdiction and breach of natural justice was therefore rejected, and the writ petition failed, leaving the petitioner to to the statutory notice and participate in the pending proceedings.</description>
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      <pubDate>Tue, 31 Aug 2021 00:00:00 +0530</pubDate>
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