https://www.taxtmi.com/caselaws?id=419145 Provisional attachment of bank accounts under the CGST Act was addressed by permitting conditional de-freezing upon provision of tangible security. The legal basis relied on offering alternative security to protect revenue interest, and the consequence was that the provisional attachment ceased once the taxpayer furnished a bank guarantee for Rs. 1.25 Crore and individual undertakings from the company directors. The operative effect is interlocutory relief by restoration of access to three bank accounts contingent on the specified bank guarantee and director undertakings, with the writ petition disposed on those terms. en-us Wed, 23 Feb 2022 00:00:00 +0530 Tue, 13 Jan 2026 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419145 Provisional attachment of bank accounts under the CGST Act was addressed by permitting conditional de-freezing upon provision of tangible security. The legal basis relied on offering alternative security to protect revenue interest, and the consequence was that the provisional attachment ceased once the taxpayer furnished a bank guarantee for Rs. 1.25 Crore and individual undertakings from the company directors. The operative effect is interlocutory relief by restoration of access to three bank accounts contingent on the specified bank guarantee and director undertakings, with the writ petition disposed on those terms. Case-Laws GST Wed, 23 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419145