https://www.taxtmi.com/caselaws?id=798068 Rule 5(5) permits acceptance of a fixed deposit in place of jointly owned immovable property only up to the concerned person's estimated share, and its discretionary wording creates no general enforceable right to substitute attached property with equivalent security. Financial hardship and the preservatory purpose of attachment do not independently establish substitution rights. Where a statutory appeal against an Appellate Tribunal order is available, writ jurisdiction should not ordinarily be invoked unless jurisdictional error, perversity, breach of natural justice, manifest illegality, or another exceptional circumstance is established. Challenges to attachment remain for the statutory appellate process. en-us Mon, 31 Aug 2026 00:00:00 +0530 Wed, 02 Sep 2026 08:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798068 Rule 5(5) permits acceptance of a fixed deposit in place of jointly owned immovable property only up to the concerned person's estimated share, and its discretionary wording creates no general enforceable right to substitute attached property with equivalent security. Financial hardship and the preservatory purpose of attachment do not independently establish substitution rights. Where a statutory appeal against an Appellate Tribunal order is available, writ jurisdiction should not ordinarily be invoked unless jurisdictional error, perversity, breach of natural justice, manifest illegality, or another exceptional circumstance is established. Challenges to attachment remain for the statutory appellate process. Case-Laws Money Laundering Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798068