Uflix Industries Vs Union Of India
Date: July 24, 2020
Subject Matter
Department to accept bank guarantee and unfreeze the bank account attached u/s 83
Summary
Learned Counsel for the Petitioner on instructions states that the Bank account attached by the Respondents has a credit balance of more than Rs. 1 crore and that an appropriate amount therefrom can be retained as a security to safeguard the interest…
Present writ petition has been filed challenging the attachment orders dated 18th March, 2020 and 10th June, 2020 passed by respondent no. 3 attaching the bank account of the Petitioner on the grounds that they have been issued without jurisdiction as well as authority of law and in violation of principles of natural justice. In the present writ petition, it has been averred that that there are no…