NCLT cannot determine controversy of attachment of property under Prohibition of Benami Property Transactions Act

P. Eswaramoorthy Vs DCIT (NCLAT Chennai) NCLT cannot determine controversy of attachment of property under Prohibition of Benami Property Transactions Act NCLAT Chennai held that National Company Law Tribunal (NCLT) is not proper Fora to determine the controversies revolving around the attachment of property under the Prohibition of Benami Property Transactions Act, 1988. Facts- M/s. Senthil Paper & Boards Private Ltd. (Corporate Debtor) was admitted into Corporate Insolvency Resolution Process (CIRP). Thereafter, the Corporate Debtor was ordered for Liquidation vide order dated 14.02.2019...