https://www.taxtmi.com/caselaws?id=303919 The Tribunal clarified that the Liquidator can add attached properties to the liquidation estate for proceedings under the Insolvency and Bankruptcy Code, unless proven otherwise. The judgment grants the Liquidator the liberty to remove the attachment, identify the property, and incorporate it into the estate if appropriate. It emphasizes the Liquidator's responsibility to seek an order for attachment removal. This decision clarifies the Liquidator's authority in managing attached properties during liquidation, ensuring compliance with legal provisions and effective asset management. en-us Tue, 14 Jun 2022 00:00:00 +0530 Wed, 24 Aug 2022 22:29:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303919 The Tribunal clarified that the Liquidator can add attached properties to the liquidation estate for proceedings under the Insolvency and Bankruptcy Code, unless proven otherwise. The judgment grants the Liquidator the liberty to remove the attachment, identify the property, and incorporate it into the estate if appropriate. It emphasizes the Liquidator's responsibility to seek an order for attachment removal. This decision clarifies the Liquidator's authority in managing attached properties during liquidation, ensuring compliance with legal provisions and effective asset management. Case-Laws Insolvency and Bankruptcy Tue, 14 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303919