Supreme Court of India · 2007-08-17
Tax Recovery Officer,Central Range-1 vs Custodian The Special Court( ...
- Citation / case number
- AIR 2007 SUPREME COURT 2935
- Court
- Supreme Court of India
- Petitioner
- Tax Recovery Officer,Central Range-1
- Respondent
- Custodian The Special Court( ...
- Author
- G.P. Mathur
- Bench
- G.P. Mathur, P.K. Balasubramanyan
Judgment text excerpt
The Supreme Court upheld the Special Court's order rejecting the Tax Recovery Officer's intervention applications under Section 10 of the Special Courts (Trial Of Offences Relating To Transactions In Securities) Act, 1992. The Court clarified that recovery orders against a third party not notified under the Act are not maintainable, reinforcing the principle that only notified parties' assets can be attached. The appeal was dismissed, affirming the Special Court's jurisdiction and the validity of its proceedings.