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    <title>2025 (10) TMI 962 - BOMBAY HIGH COURT</title>
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    <description>Bombay HC set aside the 8/9/2025 order blocking the petitioner&#039;s credit ledger account for failure to follow Rule 86-A and natural justice requirements, noting absence of adequate reasons and need for post-decisional hearing. The HC directed that the impugned order be vacated on condition the petitioner furnishes a bank guarantee from a nationalised bank for Rs. 6,50,00,000, and allowed the petitioner to avail the post-decisional hearing offered by respondent authorities; the petition was disposed accordingly.</description>
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      <description>Bombay HC set aside the 8/9/2025 order blocking the petitioner&#039;s credit ledger account for failure to follow Rule 86-A and natural justice requirements, noting absence of adequate reasons and need for post-decisional hearing. The HC directed that the impugned order be vacated on condition the petitioner furnishes a bank guarantee from a nationalised bank for Rs. 6,50,00,000, and allowed the petitioner to avail the post-decisional hearing offered by respondent authorities; the petition was disposed accordingly.</description>
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