(1) Notwithstanding anything contained in the Code and any other law for the dime being in force, the Special Court may make such order as it may deem fit directing the Custodian for the disposal of the property under attachment.
(2) The following liabilities shall be paid or discharged in fill], as far as may be, in the order as under;—
(a) all revenues, taxes, cesses and rates due from the persons notified by the Custodian under sub-section (2) of section 3 to the Central Government or any State Government or any local authority;
(b) all amounts due from the person so notified by the Custodian to any bank or financial institution;
(c) any other liability as may be specified by the Special Court from time to time.
J urisdiclion of Special Court.
Jurisdiction of Special Co LI it as to loint trials.
Procedure and powers of Special Court, Appeal.
Discharge of liabities.
4 THE GAZETTE OF INDIA EXTRAORDINARY [PABX II—SEC, 1]