HC directs GST Authorities to consider proposal to release Bank account against Immovable Property

Mahavir Transmission Limited Vs Directorate General of GST Intelligence (DGGI) (Delhi High Court) The present petition inter-alia seeks quashing of the impugned Letters dated 31st December, 2020 whereby Respondents have directed the Bankers of the Petitioner Company to Freeze and/or Provisionally attach the bank accounts of the Petitioner Company; On 7th January, 2021, while issuing notice on the petition, the Court had passed an interim order granting permission to the Petitioner to use the overdraft facility enjoyed from ICICI Bank, Standard Chartered Bank and Allahabad Bank. Subsequently, t...