https://www.taxtmi.com/highlights?id=58276 Interim direction to allow the petitioner to operate its bank account - siphoning off of funds while CIRP proceedings are ongoing - unfreezing of attached Bank Accounts - Freezing of all the bank account as indicated would certainly cause unnecessary hardship, which may not be necessary for the investigation of the present FIR in view of the nature of accusation made therein as well as in view of the offer made by the petitioner to furnish a bond - the petitioner is entitled to the interim relief as sought for. - HC en-us Mon, 07 Jun 2021 12:15:32 +0530 Mon, 07 Jun 2021 12:15:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58276 Interim direction to allow the petitioner to operate its bank account - siphoning off of funds while CIRP proceedings are ongoing - unfreezing of attached Bank Accounts - Freezing of all the bank account as indicated would certainly cause unnecessary hardship, which may not be necessary for the investigation of the present FIR in view of the nature of accusation made therein as well as in view of the offer made by the petitioner to furnish a bond - the petitioner is entitled to the interim relief as sought for. - HC Highlights Insolvency and Bankruptcy Mon, 07 Jun 2021 12:15:32 +0530 https://www.taxtmi.com/highlights?id=58276