https://www.taxtmi.com/caselaws?id=462234 Secured creditors whose security is subject to statutory attachment may apply to the Special Judge to stake claim and seek auction or realisation of mortgaged property; the application must include an affidavit/undertaking to deposit any excess realisation as directed (by way of fixed deposit receipt) with the enforcement agency. The Special Judge is to invite objections, adjudicate claims under the statute and, after trial or adjudication, dispose of any excess funds among competing claimants in accordance with law. This preserves secured creditors' remedy subject to statutory attachment procedures. en-us Tue, 13 May 2025 00:00:00 +0530 Sat, 21 Mar 2026 10:18:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462234 Secured creditors whose security is subject to statutory attachment may apply to the Special Judge to stake claim and seek auction or realisation of mortgaged property; the application must include an affidavit/undertaking to deposit any excess realisation as directed (by way of fixed deposit receipt) with the enforcement agency. The Special Judge is to invite objections, adjudicate claims under the statute and, after trial or adjudication, dispose of any excess funds among competing claimants in accordance with law. This preserves secured creditors' remedy subject to statutory attachment procedures. Case-Laws Money Laundering Tue, 13 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462234