Attachment of director shares in execution


Respected Experts

I have a civil suit decree against 3 partners who are now directors in 3 different companies in different states, companies made by them. Decree is of Bombay court but companies and directors are now at Goa, Solapur and Indore. Even all their assets are at these said three locations and respective Registrar of Companies of that state.

1. If i have to attach the shares, is the procedure of attachment before the execution court of that particular state

2. Is any legal step to be taken before Registrar of that Company in that location.

3. What kind of shares need to be attached. is it just the allotted shares to that director or also includes attachment of authorized share capital

4. I am also planning the immovable assets attachment in respective states. So if shares are attached in execution, will be a separate attachment warrant be issued only for shares and the other warrant will be for other movables properties with the final warrant for immovable asset attachment

Request you to please share your inputs on this.




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