TMI Blog2012 (3) TMI 372X X X X Extracts X X X X X X X X Extracts X X X X ..... he dues against the company - Held that:- it is not the case of the State that the property in question at any point of time belonged to the company nor is it the case that the managing director is holding property as "benamdar". In that view of the matter, we find substance in the contention of the learned counsel Mr. Kaji appearing on behalf of the petitioner that the attachment and proposed auc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t and Gujarat Sales Tax Act against a private limited company, the personal property belonging to the managing director of such company can be attached and sold for realisation of the dues against the company. 2. After hearing the learned counsel appearing for the parties and after going through the affidavit filed by the State-respondent, it appears that it is not the case of the State that th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntly quash the notification dated January 24, 2012 for holding the auction of the residential property No. 56, Ward No. 8B, City Survey No. 86 and Property No. 8/ 17/22/2/2, Near Hanuman Temple, Valinath Mahadev Road, Kalol. The respondents are restrained from attaching or selling any private property of the managing director of the company for realisation of the aforesaid dues. This order, howeve ..... X X X X Extracts X X X X X X X X Extracts X X X X
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