Mohammad Shafa-At Khan And Ors vs The National Capital Territory Of Delhi ...

The Supreme Court addressed the dismissal of a revision petition by the Delhi High Court regarding the attachment of properties belonging to M/s Habib Investments Ltd. under the Indian Companies Act, 1956. The Court held that the appellants had the right to seek the appointment of a Receiver and directed the concerned Court to establish modalities for the sale of attached properties to satisfy creditor claims. The appeal was disposed of with instructions for the lower court to ensure creditors receive their dues.