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Corporate Law

Bank account Attachment by Tax Authorities during Pendency of CIRP violates Section of 14 IBC

Case Law Details

Case Name
Asis Global Ltd. V. Dy. Commissioner of State Tax (NCLT Mumbai)
Date of Judgement/Order
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Asis Global Ltd. V. Dy. Commissioner of State Tax (NCLT Mumbai) 1. The above present Interlocutory Application has been filed by the Liquidator against the Respondent Dy. Commissioner of State Tax (Respondent No. 1) and Axis Bank Limited (Respondent No. 2) seeking direction from this Tribunal to unfreeze/lift the attachment on the Bank Account of the Corporate Debtor maintained by Axis Bank (Respondent No.2), details of which are hereunder: Sr. No. Account No. Balance Account Maintained with 1 186010200000383 Axis Bank Branch) (Khar west 2 186010200006019 Axis Bank Branch) (Khar west ...
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