2005 (8) TMI 403

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.... Chandra, S. Dave, Sunil Gupta, Prantap Kalra, R.M. Gandhi and Jatin Zaveri for the Appellant. Mohan Parasaran, Ashok H. Desai, Shiraz Rustomjee, Gopala Krishnan, Abhay Kumar, Rahul, Subramonium Prasad, Paritesh Kumar and B.V. Balaram Das for the Respondent. ORDER IA No. 1 1. The appellant herein is a "notified person" within the meaning of section 3(2) of the Special Court (Trial of Offe....

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....an Point, Mumbai. 2. By order dated 17-3-2004, the Special Court has allowed an application filed by the Custodian to sell the property belonging to the appellant. The principal grievance raised in the appeal is that the property, should not have been directed to be sold without undertaking an investigation under section 9A of the Act. 3. This IA has been filed seeking stay on the propose....

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....decision of the Tribunal as there is no stay on recovery and demand is outstanding. However, Flat No. 42, Chitrakoot, Chitrakoot Co-op. Housing Society, Altamount Road, Mumbai is claimed to be the residential house of the appellant applicant and his family members. As a matter of equitable relief, let the Special Court and the Custodian initially proceed with the sale of properties other than Flat....