https://www.taxtmi.com/caselaws?id=797201 Limited interim access to frozen funds may be permitted pending appeal to meet verified employee salary arrears and statutory liabilities of a holding company. Where the applicant has no employees or independent operations but received substantial funds from its holding company and prima facie owes it amounts, the balance of convenience can support essential payments. Requiring defaults in TDS and GST remittances is not justified when the Central Government benefits from those payments and safeguards can preserve the freezing action. Relief operates only after verification of salary details and statutory dues, followed by bank authorisation for legitimately payable amounts; appeal merits remain open. en-us Fri, 31 Jul 2026 00:00:00 +0530 Wed, 19 Aug 2026 08:20:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797201 Limited interim access to frozen funds may be permitted pending appeal to meet verified employee salary arrears and statutory liabilities of a holding company. Where the applicant has no employees or independent operations but received substantial funds from its holding company and prima facie owes it amounts, the balance of convenience can support essential payments. Requiring defaults in TDS and GST remittances is not justified when the Central Government benefits from those payments and safeguards can preserve the freezing action. Relief operates only after verification of salary details and statutory dues, followed by bank authorisation for legitimately payable amounts; appeal merits remain open. Case-Laws Money Laundering Fri, 31 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797201