https://www.taxtmi.com/caselaws?id=457933 Where liquidation had already commenced, attached assets of the corporate debtor were required to be realised through the insolvency liquidation process by auction, with sale proceeds distributed under insolvency law. The NCLT directed that the State Tax Department's attachment be lifted so the liquidator could proceed with liquidation of the properties and complete distribution in accordance with the insolvency framework. en-us Fri, 15 Nov 2019 00:00:00 +0530 Mon, 30 Sep 2024 20:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457933 Where liquidation had already commenced, attached assets of the corporate debtor were required to be realised through the insolvency liquidation process by auction, with sale proceeds distributed under insolvency law. The NCLT directed that the State Tax Department's attachment be lifted so the liquidator could proceed with liquidation of the properties and complete distribution in accordance with the insolvency framework. Case-Laws IBC Fri, 15 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457933