NCLT directs tax dept to vacate the line on Sai InfoSystem’s land parcel, Legal News, ET LegalWorld – Legal Firms

The bankruptcy court in Ahmedabad has directed the state revenue department to lift the attachment on a land parcel owned by Sai InfoSystem (India) Ltd., a company facing liquidation.The ruling will set a precedent for liquidators in other cases seeking to release properties from the encumbrance of government departments at...