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    <title>2026 (8) TMI 1228 - MADRAS HIGH COURT</title>
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    <description>Corporate insolvency recovery may proceed alongside depositor-protection proceedings under the Tamil Nadu Protection of Interests of Depositors (in Financial Establishments) Act, 1997. The Economic Offences Wing may continue statutory action to protect and redress depositor claims and investigate related offences despite the insolvency process. A liquidator, having assumed the company&#039;s management functions, may obtain a complete set of seized investigation materials and pursue recovery of receivables through the available statutory forum. Providing those materials supports recovery without interrupting investigation, while amounts traceable to alleged offences remain subject to lawful action by the Economic Offences Wing.</description>
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