https://www.taxtmi.com/caselaws?id=419879 The court directed respondent No.2 to release an amount of &8377;15,35,45,317 to the petitioner finance company within a week to meet its operational expenses. The court refrained from determining the merits of the case, leaving it for the appropriate authority to decide. The petitioner was required to provide details of fund utilization within two weeks. The company was permitted to credit the released amounts into its frozen accounts. The writ petition was disposed of with directions for fund release, closure of miscellaneous petitions, and no imposition of costs. en-us Fri, 11 Feb 2022 00:00:00 +0530 Tue, 22 Mar 2022 11:11:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419879 The court directed respondent No.2 to release an amount of &8377;15,35,45,317 to the petitioner finance company within a week to meet its operational expenses. The court refrained from determining the merits of the case, leaving it for the appropriate authority to decide. The petitioner was required to provide details of fund utilization within two weeks. The company was permitted to credit the released amounts into its frozen accounts. The writ petition was disposed of with directions for fund release, closure of miscellaneous petitions, and no imposition of costs. Case-Laws FEMA Fri, 11 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419879