https://www.taxtmi.com/caselaws?id=389441 The Supreme Court clarified that the interim restraint on transfer of funds is mandatory, so the funds shall not be transferred to any other account, and continued that protection until the Trial Court decides the application. It also granted the parties liberty to raise all contentions before the Additional Chief Metropolitan Magistrate, directed fresh adjudication of the application de novo, and required the Trial Court to decide the matter expeditiously and independently, without being influenced by the High Court's observations. en-us Mon, 02 Dec 2019 00:00:00 +0530 Mon, 29 Jun 2026 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389441 The Supreme Court clarified that the interim restraint on transfer of funds is mandatory, so the funds shall not be transferred to any other account, and continued that protection until the Trial Court decides the application. It also granted the parties liberty to raise all contentions before the Additional Chief Metropolitan Magistrate, directed fresh adjudication of the application de novo, and required the Trial Court to decide the matter expeditiously and independently, without being influenced by the High Court's observations. Case-Laws Income Tax Mon, 02 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389441