https://www.taxtmi.com/caselaws?id=414700 The Tribunal ordered a limited interim de-freezing of the company's bank accounts, finding that a blanket restraint would prevent payment of wages, salaries, and essential day-to-day expenses. It balanced that need against the proposed respondents' objection that full relief before deciding the impleadment request could cause prejudice, and therefore granted only partial operational access. The respondent banks were directed to allow withdrawals only for wages, salaries, and daily business operations, subject to monthly statements being filed, while the remaining reliefs were kept open for later consideration. en-us Wed, 27 Oct 2021 00:00:00 +0530 Mon, 15 Nov 2021 09:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414700 The Tribunal ordered a limited interim de-freezing of the company's bank accounts, finding that a blanket restraint would prevent payment of wages, salaries, and essential day-to-day expenses. It balanced that need against the proposed respondents' objection that full relief before deciding the impleadment request could cause prejudice, and therefore granted only partial operational access. The respondent banks were directed to allow withdrawals only for wages, salaries, and daily business operations, subject to monthly statements being filed, while the remaining reliefs were kept open for later consideration. Case-Laws Companies Law Wed, 27 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414700