Allowed
M/s. Neopride Pharmaceuticals Limited v. The Adjudicating Authority
Telangana HCWP/34799/2022
Case brief
AI extract
What is this about?
A batch of writ petitions challenged show cause notices, provisional attachment orders and adjudicating orders treating pre-2016 transactions as benami under the Benami Property Act. Following the Supreme Court's declaration that the 2016 amendment operates prospectively, the High Court set aside and quashed the impugned notices, attachment orders and adjudicating orders.
What did the court decide?
Impugned show cause notices, provisional attachment orders and adjudicating orders passed under the Benami Property Act set aside and quashed; writ petitions allowed without costs; pending miscellaneo