{"id":222191,"date":"2019-11-16T14:45:27","date_gmt":"2019-11-16T09:15:27","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=222191"},"modified":"2019-11-21T12:23:31","modified_gmt":"2019-11-21T06:53:31","slug":"all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/","title":{"rendered":"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority"},"content":{"rendered":"

Allahabad High Court<\/strong>: The Division Bench of Pankaj Mithal and Vivek Agarwal, JJ. concurred that any amount already recovered by the respondents from\u00a0 the petitioner shall be invested by the respondents in a fixed deposit with a Nationalised Bank in a short term deposit<\/p>\n

Petitioner 1 had approached this Court seeking ad-interim mandamus commanding Respondent 15, Celebration City Projects Pvt. Ltd., not to take any coercive measure against him in pursuance of the recovery certificate worth Rs 150 crore.<\/p>\n

Counsel for the petitioners, Anoop Trivedi submitted that there is no recovery neither in the name of Petitioner 1 nor Petitioner 2. Therefore, the dues of Respondent 15 cannot be recovered from the properties of petitioners.<\/p>\n

Petitioner 1, Rakesh Jain, was legally detained and arrested so as to recover the aforesaid amount. He was forced to sign certain cheques and was released thereafter.<\/p>\n

Counsel for Respondent 2, GDA, Vrindavan Mishra submitted that if the corporate veil is lifted the entire responsibility to discharge the liability of Respondent 15 would ultimately fall upon Petitioner 1.<\/p>\n

After analyzing the submissions of the parties, the Court observed that petitioners are separate legal entities other than Respondent 15 and therefore, dues of Respondent 15 cannot be recovered from the properties of petitioners. [Rakesh Jain v. State of U.P.,\u00a02019 SCC OnLine All 4261<\/b><\/a>, decided on 05-11-2019]<\/p>\n","protected":false},"excerpt":{"rendered":"

Allahabad High Court: The Division Bench of Pankaj Mithal and Vivek Agarwal, JJ. concurred that any amount already recovered by the respondents <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,10],"tags":[34012,38336,38337,37384,38338],"class_list":["post-222191","post","type-post","status-publish","format-standard","hentry","category-casebriefs","category-highcourts","tag-company","tag-fixed-deposit","tag-nationalised-bank","tag-recovery-certificate","tag-separate-legal-entity"],"yoast_head":"\nAll HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority\" \/>\n<meta property=\"og:description\" content=\"Allahabad High Court: The Division Bench of Pankaj Mithal and Vivek Agarwal, JJ. concurred that any amount already recovered by the respondents\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-16T09:15:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-21T06:53:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/07\/Allahabad-High-Court.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bhumika Indulia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bhumika Indulia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/\",\"name\":\"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"datePublished\":\"2019-11-16T09:15:27+00:00\",\"dateModified\":\"2019-11-21T06:53:31+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a\",\"name\":\"Bhumika Indulia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg\",\"caption\":\"Bhumika Indulia\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/","og_locale":"en_US","og_type":"article","og_title":"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority","og_description":"Allahabad High Court: The Division Bench of Pankaj Mithal and Vivek Agarwal, JJ. concurred that any amount already recovered by the respondents","og_url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2019-11-16T09:15:27+00:00","article_modified_time":"2019-11-21T06:53:31+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/07\/Allahabad-High-Court.jpg","type":"image\/jpeg"}],"author":"Bhumika Indulia","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bhumika Indulia","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/","url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/","name":"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"datePublished":"2019-11-16T09:15:27+00:00","dateModified":"2019-11-21T06:53:31+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/all-hc-company-has-a-separate-legal-identity-from-its-owners-no-coercive-steps-to-be-taken-for-recovery-of-dues-of-ghaziabad-development-authority\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"All HC | Company has a separate legal identity from its owners; no coercive steps to be taken for recovery of dues of Ghaziabad Development Authority"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/919ec47cc1b871b362af05740398033a","name":"Bhumika Indulia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/04\/Me-150x150.jpg","caption":"Bhumika Indulia"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_1\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":312311,"url":"https:\/\/www.scconline.com\/blog\/post\/2024\/01\/27\/phc-imposes-cost-of-rs-5000-on-gst-assessing-officer-for-imposing-tax-coercively-in-absence-of-appellate-tribunal-legal-news\/","url_meta":{"origin":222191,"position":0},"title":"\u2018No tax recovery can be made when GST Tribunal not constituted\u2019; Patna HC imposes cost of Rs 5000 on GST Assessing Officer for \u2018coercive\u2019 tax recovery","author":"Editor","date":"January 27, 2024","format":false,"excerpt":"\u201cIf the Appellate Tribunal under Bihar Goods and Services Tax, 2017 is constituted and an appeal is filed there can be no further proceedings taken for recovery of the balance amounts till the appeal is disposed of.\u201d","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"patna high court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/patna-high-court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/patna-high-court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/patna-high-court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/patna-high-court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":219966,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/25\/ker-hc-statutory-appeals-filed-by-banks-shall-be-considered-and-disposed-of-prior-to-assessment-notices-issued-by-the-commissioner-of-income-tax\/","url_meta":{"origin":222191,"position":1},"title":"Ker HC | Statutory appeals filed by banks shall be considered and disposed of prior to assessment notices issued by Commissioner of Income Tax","author":"Bhumika Indulia","date":"September 25, 2019","format":false,"excerpt":"Kerala High Court: N. Nagaresh, J. disposed of the writ petition seeking to consider and dispose of appeals by the appellant prior to coercive action by the Income Tax authorities. In the present case, the petitioner-Bank, being a Service Co-operative Bank registered under the Kerala Co-operative Societies Act, 1969 were\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":216899,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/07\/16\/all-hc-court-not-to-interfere-in-matters-where-petitioner-fails-to-furnish-any-explanation-to-challenge-inquiry-report\/","url_meta":{"origin":222191,"position":2},"title":"All HC | Court not to interfere in matters where petitioner fails to furnish any explanation to challenge inquiry report","author":"Bhumika Indulia","date":"July 16, 2019","format":false,"excerpt":"Allahabad High Court: Sunita Agarwal, J. disposed of the writ petition after giving various directions to the Board of Management to expeditiously look into the matter if in any case any representation is filed by the petitioner. A petition was directed against the inquiry report where the petitioner who was\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":308435,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/12\/05\/employee-cannot-be-penalized-for-employers-failure-to-deposit-tds-dhc-legal-news\/","url_meta":{"origin":222191,"position":3},"title":"Employee cannot be penalized for employer\u2019s failure to deposit TDS: Delhi High Court","author":"Simranjeet","date":"December 5, 2023","format":false,"excerpt":"\u201cIf petitioner is able to obtain any amount of money towards tax deducted from his income at source for Assessment Years 2009-10, 2011-12 and 2012- 13 from his employer, the same shall be deposited by him with the revenue.\u201d","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"delhi high court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":221493,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/10\/26\/mp-hc-no-final-order-can-be-passed-without-conducting-enquiry-under-s-89-of-m-p-panchayat-raj-awam-gram-swaraj-adhiniyam\/","url_meta":{"origin":222191,"position":4},"title":"MP HC | No final order can be passed without conducting enquiry under S. 89 of M.P. Panchayat Raj Awam Gram Swaraj Adhiniyam","author":"Bhumika Indulia","date":"October 26, 2019","format":false,"excerpt":"Madhya Pradesh High Court: G. S. Ahluwalia, J., allowed a petition and directed the respondents to not take any coercive step against the petitioner unless and until an enquiry is conducted under Section 89 of\u00a0M.P. Panchayat Raj Awam Gram Swaraj, Adhiniyam, 1993. \u00a0The petitioner has filed the instant petition under\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":280589,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/29\/margadarsi-chit-fund-declaring-actions-state-andhra-pradesh-assistant-registrars-refusing-perform-statutory-functions-illegal-arbitrary\/","url_meta":{"origin":222191,"position":5},"title":"Andhra Pradesh High Court grants relief to Margadarsi Chit Fund; restricts State from taking coercive action","author":"Editor","date":"December 29, 2022","format":false,"excerpt":"The Court was of the view that \u201cInsofar as balance of convenience and irreparable loss are concerned, the petitioner is not a defaulter as of now and there is no complaint by any subscriber to that effect. Even the authorities did not complain receiving of any complaint qua default in\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Andhra Pradesh High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/12\/MicrosoftTeams-image-491.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/222191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=222191"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/222191\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=222191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=222191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=222191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}