Questions & Answers
What to do if you file for the attachment of company assets and it still operates?
The execution court executed the seizure of the company's assets and closure for public auction.
But later found out that there was already similar execution from another case done by a company that has a payment dispute with my employer a year ago.
My employer is a construction company with many disputes from Labour and Arbitration cases.
The court responded that I will be part of the court order for seizure and public auction of the company.
1. What will I do next?
2. What are my options since the first execution order for seizure of assets was a year ago and until now the company is still in business?
3. How can they operate after 2 execution court orders for the seizure of company assets and public auction?
4. Can a company still be on business after serving a seizure order?
Hello,
As per your answer, please note that as the court has told you to join in the execution, you can place your execution in the execution case for the company.
The execution court executed the seizure of the company's assets.
It depends upon the company’s legal type, license and documentation process.
As per the court order, you should get the money since you have approached through court.
Please call or email us.
Disclaimer- The above-referred view is not a legal opinion, these opinions cannot be challenged or presented before any court of Law.
