REPORTABLE

2026 INSC 187 IN THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO. 7140 of 2022 S. RAJENDRAN ….APPELLANT(S)

VERSUS THE DEPUTY COMMISSIONER OF INCOME TAX (BENAMI PROHIBITION) & ORS.….RESPONDENT(S)

WITH CIVIL APPEAL NO. 6971 OF 2025 WITH CIVIL APPEAL NO. 6661 OF 2023 WITH CIVIL APPEAL NO. 6662 OF 2023

J U D G M E N T

1. The present batch of appeals arises out of the impugned judgments and orders dated 18.08.2022 and 13.03.2023 passed by the National Company Law Appellate Tribunal, Chennai bench (hereinafter referred to as “NCLAT”). By the said impugned orders, the NCLAT declined to interfere with the decision of the National Company Law Tribunal Signature Not Verified Digitally s(ignhed ebyreinafter referred to as “NCLT”) and refused to adjudicate the KAPIL TANDON Date: 2026.02.24 Reason:

appellant- liquidators' applications challenging the provisional attachment orders passed by the authorities under the Prohibition of Benami Property Transactions Act, 1988, (“Benami Act”), holding that the NCLT lacks jurisdiction to entertain such challenges and that the remedy lies exclusively before the competent forum constituted under the Benami Act. Accepting the