M/s. Neopride Pharmaceuticals Limited v. The Adjudicating Authority
Case brief
What is this about?
Batch of writ petitions challenging show cause notices, provisional attachment orders and adjudicating orders treating pre-2016 transactions and properties as benami. Following the Supreme Court's holding that the 2016 Amendment Act operates prospectively and that the 1988 Act's forfeiture provisions were unconstitutional, the High Court set aside and quashed the impugned notices and orders.
What did the court decide?
Impugned show cause notices, provisional attachment orders and adjudicating orders under the Benami Property Act set aside and quashed; writ petitions allowed without costs; miscellaneous petitions di