Statutory refund interest requires correction of short computation and compensation where admitted interest remains unpaid through administrative dela...
Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
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HC dismissed the writ petition challenging bank attachment, finding no merit in the petitioner's claim. The court held that since the Order-in-Original was not challenged within the prescribed 60-day statutory limitation period and alternative remedies were available, judicial intervention was unwarranted. The court emphasized adherence to procedural timelines and declined to entertain the petition that was filed beyond the stipulated time limit, effectively upholding the original order and consequent bank attachment.
HC dismissed the writ petition challenging bank attachment, finding no merit in the petitioner's claim. The court held that since the Order-in-Original was not challenged within the prescribed 60-day statutory limitation period and alternative remedies were available, judicial intervention was unwarranted. The court emphasized adherence to procedural timelines and declined to entertain the petition that was filed beyond the stipulated time limit, effectively upholding the original order and consequent bank attachment.
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