https://www.taxtmi.com/caselaws?id=461195 The Appellate Tribunal under SAFEMA dismissed the application for interim relief seeking stay of execution of ED's notice to tenants of Empress Mall for lease payment deposits. The appellant had previously approached NCLT and NCLAT with similar prayers, which were dismissed as the resolution plan was not approved under Section 31 of the Insolvency and Bankruptcy Code, 2016, making Section 32A inapplicable. The Tribunal found the appellant failed to maintain clean hands by suppressing prior adverse orders and not disclosing ED's possession of the property since November 2021. The application was dismissed with directions for respondents to maintain the mall property. en-us Mon, 24 Apr 2023 00:00:00 +0530 Thu, 20 Mar 2025 19:03:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461195 The Appellate Tribunal under SAFEMA dismissed the application for interim relief seeking stay of execution of ED's notice to tenants of Empress Mall for lease payment deposits. The appellant had previously approached NCLT and NCLAT with similar prayers, which were dismissed as the resolution plan was not approved under Section 31 of the Insolvency and Bankruptcy Code, 2016, making Section 32A inapplicable. The Tribunal found the appellant failed to maintain clean hands by suppressing prior adverse orders and not disclosing ED's possession of the property since November 2021. The application was dismissed with directions for respondents to maintain the mall property. Case-Laws Money Laundering Mon, 24 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461195