HC lifts Bank Attachment for Payment of admitted interest on GST

Orissa Stevedores Ltd. Vs Union of India (Orissa High Court)

In view of submission made by the learned Senior Counsel that since all the bank accounts have been seized and the Petitioner is unable to operate, it is not possible to deposit the entire admitted interest at one go. Therefore, he prayed for lifting forthwith the attachment on the Bank as aforesaid in para-8 to enable it to deposit Rs. 5,00,00,000/-(rupees five crores only) within 48 hours and the Petitioner undertakes to deposit rest of the amount out of Rs.9,25,43,693.52 in two equated fortnightly instalments but not later than 16^th August, 2022.

Upon such deposit of the aforesaid amount, the Revenue/Opposite Parties shall forthwith ensure the withdrawal of all the attachments made in pursuance of the original demand(s).

The prayer of the Senior Counsel for the Petitioner is allowed.

FULL TEXT OF THE JUDGMENT/ORDER OF ORISSA HIGH COURT

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