Anchor Investments Private Limited v. Kotak Mahindra Bank Limited
Case brief
What is this about?
The Tribunal disposed of Section 17 applications. Joint petitioners sought modification of a Magistrate's order for quashing proceedings against the 10th floor property due to sale to a third party, noting the Tribunal cannot modify such orders. The Government of West Bengal was advised to approach the Magistrate.
What did the court decide?
Applicant to approach Magistrate regarding modification of order; applicant may proceed against remaining assets.