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2005 (8) TMI 403 - SC - Companies LawAttachment orders - Discharge of liabilities - Held that:- The appellant is at liberty to seek an order of stay from the Tribunal and if the Tribunal stays the recovery then the question of properties being subjected to sale for recovery of the amount which is stayed may not arise. However, this does not amount to expression of any opinion by us on the question whether the Tribunal would grant stay or not, which question lies within the discretion of the Tribunal. We also clarify that this order is confined to disposing of the appellant applicant’s aforesaid four properties only.
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