Can properties attached under PMLA be considered for liquidation? Supreme Court asks in United Breweries case

The Supreme Court posed this question while hearing a petition filed by Vijay Mallya's United Breweries challenging the decision of the Karnataka High Court upholding the order to wind up the company.
Vijay Mallya, Enforcement directorate, SBI
Vijay Mallya, Enforcement directorate, SBI

The Supreme Court today asked whether a company's assets that have been attached by the authorities can be considered for liquidation for settlement of debts and dues.

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