Resolution of Bank Account Attachment Dispute after Lapse of Statutory Period

The court disposed of the writ petition regarding the provisional attachment of bank accounts for over a year after the respondent's representative stated that the statutory period for provisional attachment had lapsed, allowing the petitioner to operate the accounts. The petitioner agreed to dispose of the petition based on this representation, leading to the resolution of the provisional attachment issue.

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Issues:
Provisional attachment of bank accounts for over a year.

Analysis:
The writ petition was filed to address the grievance that the petitioner's bank accounts had been provisionally attached for more than a year since 09.03.2020. The accounts provisionally attached were with Axis Bank, Punjab National Bank, and Bank of Baroda, all being current accounts with specific account numbers.

The respondent, Mr. Aditya Shekhar, representing the respondent, mentioned that the statutory period for provisional attachment had lapsed, leading to the dissolution of the provisional attachment order. He further stated that the petitioner was now free to operate the bank accounts. This statement by Mr. Shekhar was duly noted and taken on record by the court.

Upon hearing Mr. Shekhar's statement, Ms. Anjali J. Manish, representing the petitioner, agreed that the writ petition could be disposed of based on the statement made by Mr. Shekhar. Consequently, the writ petition was disposed of by the court based on the representation and statement provided by Mr. Shekhar, thereby resolving the issue of the provisional attachment of the bank accounts.

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