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TMI Blog2022 (1) TMI 13X X X X Extracts X X X X X X X X Extracts X X X X ..... upta and Mr. Ankit Bhatia, Advocates. Respondent Through: Mr. Kirti Uppal, Senior Advocate with Mr. Sidharth Chopra, Mr. Aditya Gauri, Mr. Amar Vivek and Ms. Riya Gulati, Advocates. Ms. Maneesha Dhir, Advocate with Varsha Banerjee & Kanishk Khetan, Advocates for the Successful Auction Bidder-Lucky Holdings Pvt. Ltd. Mr. Neeraj Malhotra, Senior Advocate with Mr. R. P. Agrawal, Ms. Manisha Agrawal, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rovisional Attachment order dated 02nd December, 2021 under the Prevention of Money Laundering Act, 2002 in respect of assets worth Rs. 274.60/- crores which are under liquidation. Learned Additional Solicitor General states that the impugned judgment is contrary to the law laid down by the Supreme Court in Manish Kumar v. Union of India, (2021) 5 SCC 1 in which it has been held that for Section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as an attachment order qua the sale proceeds to be deposited by the auction purchaser to the tune of Rs. 275 crores approximately. Issue notice. Mr. Sidharth Chopra, learned counsel accepts notice on behalf of the respondent. Ms. Maneesha Dhir, learned counsel for the auction purchaser i.e. Lucky Holdings Pvt. Ltd. and Mr. R.P. Agarwal, learned counsel for the secured creditors led by Edelweis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elweiss Asset Reconstruction Company Ltd. states that the secured creditors are also not agreeable to the shifting of the attachment order from the immovable assets to the money to be deposited by the auction purchaser. List on 24th January, 2022 for hearing. Parties are directed to complete the pleadings and file documents, if they so desire, before the next date of hearing. Till the next date ..... X X X X Extracts X X X X X X X X Extracts X X X X
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