Petitioner granted time to challenge attachment order, seeks stay on bank accounts for business

The court granted the petitioner time to seek instructions and scheduled further proceedings related to a writ petition challenging a provisional attachment order. The petitioner argued the order contradicted a Supreme Court decision and sought a stay to operate bank accounts for business purposes. Respondents defended the attachment order citing allegations of GST evasion amounting to Rs. 5.9 crores on passenger transport services to protect revenue interests. Further proceedings were set for May 12, 2021.

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Issues:
Provisional attachment order challenged; Compliance with Supreme Court dictum; Allegations of GST evasion; Need for stay on attachment order.

Analysis:
The petitioner challenged a provisional attachment order, arguing it contradicted a Supreme Court decision. The petitioner's senior counsel emphasized the need to stay the order to operate bank accounts for business. Respondents mentioned another writ petition filed by the petitioner, alleging GST evasion of around Rs. 5.9 crores on passenger transport services. The respondents defended the attachment order to protect revenue interests. The court granted time for the petitioner to seek instructions and scheduled further proceedings with the related writ petition for May 12, 2021.

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