2020 (7) TMI 579

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..... RAVICHANDRABAABU For Petitioner : Mr. S. Ilamvaludhi For Respondents : Mrs. R. Hemalatha standing counsel for R1 Mr. C. Mohan, for M/s. King & Patridge, for R2 O R D E R This matter is taken up for hearing through Video Conferencing mode. 2. This writ petition is filed challenging the proceedings of the first respondent dated 28.02.2020, attaching the bank account of the petitione....

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.... petitioner submitted that the petitioner will pay the entire dues, if 6 months time is granted. 6. Accordingly, the petitioner also filed an affidavit dated 20.07.2020, giving an undertaking that if 6 months time is granted, the petitioner will be in a position to settle the dues, due to the first respondent. The operative portion of the affidavit at Paragraph Nos.5 & 6 reads as follows: ....

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....ther hand, submitted that payment of admitted dues of the petitioner cannot be delayed, as the impugned proceedings was issued only when the petitioner defaulted in paying the said admitted dues. 8. It is stated that after making attachment, the first respondent has deducted a sum of Rs. 12,45,662/- from the bank account of the petitioner maintained in the second respondent Bank. Now, the petition....

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....t Petition is disposed of, with the following directions: (a) The petitioner shall pay the balance due amount within 6 months from today to the first respondent. (b) If the petitioner fails to make full payment within the above stipulated period, it is open to the first respondent to resort to the remedy available under law to recover the said amount. (c) In view of the ....