The sale of Dash's shares in the company, which owns the rights to Jay-Z's famed debut album Reasonable Doubt, had been scheduled to take place on Thursday.
With the state's tax agency claiming the court-ordered auction must help pay off Dash's huge tax bill, it's unclear how much of the proceeds will be left for anyone else.
A source tells Billboard there are important limitations to the one-third interest in the company which is being auctioned off to satisfy the label co-founder's debts.