2024 (5) TMI 1716

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....H KUMAR MEMBER For the Appellant : Shri Prashant Pandey Shri Amit Gupta Ms. Akshita Chand, Advocates For the Respondent : Ms. Nidhi Raman Shri Akash Mishra, Advocates FINAL ORDER By this appeal, a challenge is made to the order dated 04.06.2021 passed by the Adjudicating Authority to confirm the attachment of F.D. of a sum of Rs. 69,13,130/-. The learned counsel for the appellant su....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ingredient of section 5(1)(b) of the Act were not satisfied, yet the F.D. was attached by the provisional attachment order. It has been confirmed by the Adjudicating Authority without realizing that it is virtually attachment of the same movable property of F.D. which is already lying with the Special Court pursuant to their direction and is not with the appellant. The prayer is accordingly made t....