https://www.taxtmi.com/caselaws?id=787077 A special statute creating an exclusive mechanism for provisional attachment, adjudication, confiscation and appeal over benami property cannot be displaced by insolvency proceedings. Section 60(5) of the Insolvency and Bankruptcy Code does not authorise the NCLT or NCLAT to sit in judicial review over orders passed under an independent enactment. The moratorium under Section 14 protects the corporate debtor from creditor actions, but does not automatically bar sovereign proceedings in rem under the Benami Act. Property found to be benami does not form part of the liquidation estate under Section 36, and Section 32A does not alter that position or cure defective title. en-us Tue, 24 Feb 2026 00:00:00 +0530 Mon, 18 May 2026 10:40:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787077 A special statute creating an exclusive mechanism for provisional attachment, adjudication, confiscation and appeal over benami property cannot be displaced by insolvency proceedings. Section 60(5) of the Insolvency and Bankruptcy Code does not authorise the NCLT or NCLAT to sit in judicial review over orders passed under an independent enactment. The moratorium under Section 14 protects the corporate debtor from creditor actions, but does not automatically bar sovereign proceedings in rem under the Benami Act. Property found to be benami does not form part of the liquidation estate under Section 36, and Section 32A does not alter that position or cure defective title. Case-Laws Benami Property Tue, 24 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787077