# S. RAJENDRAN vs. THE DEPUTY COMMISSIONER OF INCOME TAX (BENAMI PROHIBITION) & ORS. > SC judgment dated 2026-02-24. Citation: TCN-2026-SC-00076. The present batch of appeals arose from impugned judgments and orders of the National Company Law… - **Court:** SC - **Order date:** 24 Feb 2026 - **Citation:** TCN-2026-SC-00076 - **Category:** IBC - **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/s-rajendran-vs-the-deputy-commissioner-of-income-tax-5dthj ## Summary ### Background The present batch of appeals arose from impugned judgments and orders of the National Company Law Appellate Tribunal (NCLAT), Chennai bench, dated 18.08.2022 and 13.03.2023. The NCLAT declined to interfere with the National Company Law Tribunal (NCLT) decisions, which refused to adjudicate applications by appellant-liquidators challenging provisional attachment orders under the Prohibition of Benami Property Transactions Act, 1988 ('Benami Act'). The NCLT and NCLAT concurrently held that the NCLT lacks jurisdiction to entertain such challenges, as the remedy lies exclusively before the competent forum constituted under the Benami Act. The Supreme Court accepted these findings, holding that orders passed under the Benami Act cannot be questioned before authorities under … ## Facts The present batch of appeals arises out of judgments and orders dated 18.08.2022 and 13.03.2023 passed by the NCLAT, Chennai bench. The NCLAT declined to interfere with the NCLT's decision and refused to adjudicate appellant-liquidators' applications challenging provisional attachment orders under the Benami Act. NCLT and NCLAT concurrently held that NCLT lacks jurisdiction to entertain such challenges, and the remedy lies exclusively before the competent forum under the Benami Act. Investigation under the Benami Act revealed an illegal sale, in the nature of a benami transaction. … ## Issues and analysis ### Issue 1: Whether the legality and validity of an order of attachment under the Benami Act can be challenged … **Ratio:** The NCLT/NCLAT lacks jurisdiction to review or set aside orders passed by authorities … **Reasoning:** Both the Benami Act and IBC are special legislations. The Benami Act is a self-contained … **Interpretation:** Section 60(5)(c) of IBC, empowering NCLT to decide questions 'arising out of or … **Application:** The NCLT and NCLAT correctly dismissed applications challenging Benami Act … ## Parties - **Judges:** PAMIDIGHANTAM SRI…; ATUL S. CHA… - **Appellants:** S. RAJE…; M/s Padmaadevi…; +2 more - **Respondents:** M/s Padmaadevi…; S.V. Sugar Mills…; +3 more - **Other parties:** Financial…; RP…; +4 more - **Advocates:** S. Sen…; Krishnan Ve…; +3 more ## Timeline - **2016-11 — Demonetizatio…**: Asset purchases made during this period (November-December 2016) by V.K. Sasikala through… - **2016-11-01 — Benami Act Section 67…**: Section 67 of the… ## Legal provisions - [Insolvency and Bankruptcy Code, 2016, Section 46 — Relevant period for avoidable transactions](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-46) --- This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/supreme-court-of-india/s-rajendran-vs-the-deputy-commissioner-of-income-tax-5dthj