https://www.taxtmi.com/caselaws?id=468073 Attachment disputes over the corporate debtor's properties were treated as matters for the Special Court under the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999, rather than for determination on merits by the Tribunal. The Tribunal noted that one application had been found premature because the statutory notification under Section 4 was not shown for the relevant property, leaving the validity of attachment of the remaining properties to be examined first by the Special Court. The parties were therefore directed to seek that determination there, with any further recourse depending on the outcome, and disbursement of the auction amount was restrained until final decision. en-us Tue, 06 Aug 2024 00:00:00 +0530 Wed, 15 Apr 2026 20:22:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468073 Attachment disputes over the corporate debtor's properties were treated as matters for the Special Court under the Maharashtra Protection of Interest of Depositors (In Financial Establishments) Act, 1999, rather than for determination on merits by the Tribunal. The Tribunal noted that one application had been found premature because the statutory notification under Section 4 was not shown for the relevant property, leaving the validity of attachment of the remaining properties to be examined first by the Special Court. The parties were therefore directed to seek that determination there, with any further recourse depending on the outcome, and disbursement of the auction amount was restrained until final decision. Case-Laws IBC Tue, 06 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468073