https://www.taxtmi.com/caselaws?id=208596 The court allowed the writ petition, quashing the attachment order dated November 18/21, 2005, and directed the respondents to refund the encashed fixed deposits with 8% simple interest per annum from November 1, 2006, within one month. If not refunded within this period, further interest at 10% per annum would apply. The primary liability for the refund was placed on the respondent bank, which could claim the amount from the other respondents as per law. The petition was allowed with no order as to costs. en-us Tue, 30 Mar 2010 00:00:00 +0530 Mon, 26 Mar 2012 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208596 The court allowed the writ petition, quashing the attachment order dated November 18/21, 2005, and directed the respondents to refund the encashed fixed deposits with 8% simple interest per annum from November 1, 2006, within one month. If not refunded within this period, further interest at 10% per annum would apply. The primary liability for the refund was placed on the respondent bank, which could claim the amount from the other respondents as per law. The petition was allowed with no order as to costs. Case-Laws Income Tax Tue, 30 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208596