https://www.taxtmi.com/caselaws?id=402709 The court allowed the petitioner, an MSME, to utilize overdraft facilities from specific banks due to the sudden freezing of its accounts without proper legal procedures under Sections 74 and 83 of the CGST Act. The court expressed concerns over the delay in issuing a formal notice despite a search conducted a year ago, highlighting the risk of financial instability for the MSME. Further hearings are scheduled to address the legality and impact of the bank account freeze on the petitioner's financial health. en-us Thu, 07 Jan 2021 00:00:00 +0530 Sat, 22 Mar 2025 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402709 The court allowed the petitioner, an MSME, to utilize overdraft facilities from specific banks due to the sudden freezing of its accounts without proper legal procedures under Sections 74 and 83 of the CGST Act. The court expressed concerns over the delay in issuing a formal notice despite a search conducted a year ago, highlighting the risk of financial instability for the MSME. Further hearings are scheduled to address the legality and impact of the bank account freeze on the petitioner's financial health. Case-Laws GST Thu, 07 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402709