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Bombay HC Orders Status Quo on DRT Recovery Pending Encumbrance Issue

Case Law Details

Case Name
JM Financial Asset Reconstruction Co Ltd. And Ors. Vs State of Maharashtra (Bombay High Court)
Date of Judgement/Order
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Advertisement JM Financial Asset Reconstruction Co Ltd. And Ors. Vs State of Maharashtra (Bombay High Court) The Bombay High Court considered a writ petition that was urgently circulated following a notice issued by the Recovery Officer, Debts Recovery Tribunal-II (DRT), Mumbai, for settling a sale proclamation in relation to certain properties. The petitioners submitted that the central issue in the writ petition was already covered in their favour by the Full Bench decision of the Bombay High Court in Jalgaon Janta Sahakari Bank Ltd. & Anr. vs. Joint Commissioner of Sales Tax Nodal 9,...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 19,059

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