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    <title>2022 (5) TMI 1709 - Supreme Court</title>
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    <description>A court-supervised execution mechanism was approved to expedite enforcement of decrees, orders and arbitral awards where overlapping attachment and recovery processes risked defeating investor claims. A single-member committee, headed by a retired judge, was empowered to receive transferred execution matters, coordinate with authorities and oversee speedy realization and distribution of proceeds. The committee was also authorized to liquidate properties already attached by enforcement or state authorities, exercise civil-court-like powers for recovery, and seek further attachment or sale of traced assets where necessary to satisfy the claims.</description>
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      <link>https://www.taxtmi.com/caselaws?id=467625</link>
      <description>A court-supervised execution mechanism was approved to expedite enforcement of decrees, orders and arbitral awards where overlapping attachment and recovery processes risked defeating investor claims. A single-member committee, headed by a retired judge, was empowered to receive transferred execution matters, coordinate with authorities and oversee speedy realization and distribution of proceeds. The committee was also authorized to liquidate properties already attached by enforcement or state authorities, exercise civil-court-like powers for recovery, and seek further attachment or sale of traced assets where necessary to satisfy the claims.</description>
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      <law>Money Laundering</law>
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