The Supreme Court on Tuesday said that attachment of assets under the Benami Act, 1988 can only be challenged within the Benami Act’s statutory framework, and not before the National Company Law Tribunal (NCLT) or National Company Law Appellate Tribunal (NCLAT) by invoking provisions under the Insolvency and Bankruptcy Code (IBC). A bench of Justice PS Narasimha and Justice Atul Chandurkar quashed the appeal against the NCLAT ruling that upheld the attachment of properties – under the Benami Act – of a company undergoing insolvency proceedings.