ground that during the period
from 1989 - 21.08.1995 the appellant had acquired assets which
were disproportionate to his known source of income to the
extent ... against the appellant
for having disproportionate assets beyond his known source
of income. On the basis of his complaint the subject
interregnum, there
is every possibility of Oppo moving its resources and assets beyond
the territorial jurisdiction of this Court, which may result in a fait
various assets are adequately described and could reasonable be identified. Some of these assets are, in any event, beyond controversy such as uncalled capital ... company for any amount or for restoration of its assets beyond the assets admitted by the creditor to be in its possession.
If the mortgage
pipelines, equipment and related agreements in the Chestermere property, (Alberta) ('Chestermere Assets'), Enernorth shall provide Oakwell in a timely manner with the material ... dispose of more that 1.5 million of the Chestermere Assets, or to encumber those assets beyond 1.5 million in value.
5. Where Enernorth is required
submitted that the charge
against the petitioner was of having disproportionate assets to the tune of
`1,82,200/- whereas the salary statement ... Thus, the charge that petitioner was in possession of
assets beyond his known source of income was not established. He further
submitted that taking into
other assets beyond the security already in possession of the decree holder
and way beyond the decretal amount, constraints the said assets of the
judgment ... affidavits; (xxii) the Commercial
Division, in directing affidavits disclosing assets of value much beyond the
decretal amount to be filed, has also exceeded its jurisdiction
Parliament to clarify that if a decision to hold or withhold
monies/assets discovered during a search is not taken with the
prescribed period ... Gujarat High Court to say that withholding of
assets seized, beyond the period of 120 days is not tenable in law. Similarly,
she also highlighted
offence punishable under Section 13(1)(e) , however holding of the
assets is not denied. In the absence of such a denial, only after ... said that the Petitioner did not hold the assets beyond his
known sources of income. The Petitioner had earlier approached the Special
Judge and this
were declined; however, disclosure of
assets was directed and a limited restraint against alienation or
encumbrance of assets was imposed pending the arbitral
award ... decree or award, by alienating,
dissipating, secreting, or otherwise removing their assets beyond the
reach of the judicial process.
28. In Skypower Solar India
being a public servant, found to be in possession of
assets beyond the disclosed source of income. The FIR was also filed
Signature Not Verified
