https://www.taxtmi.com/caselaws?id=437641 The Supreme Court set aside the bank guarantee condition imposed by the lower courts, allowing the appellant company to withdraw the frozen amount with interest. The freeze order and bank guarantee were deemed redundant due to the lack of connection between the appellant company and the alleged crime. The appeal was allowed, modifying the impugned orders to permit the withdrawal of funds without a bank guarantee. en-us Tue, 09 May 2023 00:00:00 +0530 Fri, 12 May 2023 08:26:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437641 The Supreme Court set aside the bank guarantee condition imposed by the lower courts, allowing the appellant company to withdraw the frozen amount with interest. The freeze order and bank guarantee were deemed redundant due to the lack of connection between the appellant company and the alleged crime. The appeal was allowed, modifying the impugned orders to permit the withdrawal of funds without a bank guarantee. Case-Laws SEBI Tue, 09 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437641