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    <title>2021 (6) TMI 376 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>The High Court allowed the petition, setting aside the order attaching the petitioner&#039;s bank account under Section 87(c) of the Finance Act, 1994. The Court emphasized the stay on recovery proceedings as the petitioner had filed an appeal with the mandatory pre-deposit, in accordance with Circular provisions and Bombay High Court precedent. The respondent was directed to permit the petitioner to operate its bank account, noting that coercive recovery should have been avoided upon knowledge of the appeal with pre-deposit.</description>
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      <description>The High Court allowed the petition, setting aside the order attaching the petitioner&#039;s bank account under Section 87(c) of the Finance Act, 1994. The Court emphasized the stay on recovery proceedings as the petitioner had filed an appeal with the mandatory pre-deposit, in accordance with Circular provisions and Bombay High Court precedent. The respondent was directed to permit the petitioner to operate its bank account, noting that coercive recovery should have been avoided upon knowledge of the appeal with pre-deposit.</description>
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      <pubDate>Fri, 28 May 2021 00:00:00 +0530</pubDate>
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