2021 (11) TMI 902

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....I SRINIVAS, SENIOR COUNSEL FOR SRI. VIMAL VARMA VASI REDDY Counsel for the Respondent No.1: SRI B. NARSIMHA SHARMA, SC FOR ENFORCEMENT DIRECTORATE Counsel for the Respondent Nos.2 to 4: NONE APPEARED ORDER SRI B.VIJAYSEN REDDY, J. Heard learned Senior Counsel Sri Darnmalapati Srinivas on behalf of learned counsel for the petitioners and Sri B. Narsirnha Sharma, learned Standing Coun....

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....aries and statutory benefits of the employees have not been paid and the employees would suffer hardship. He relies on judgment of the Delhi High Court dated 27.10.2021 in W.P(C).No. 5713 of 2020 and CM Appeals No. 20656, 31384 of 2020 and 4153 of 2021. The Delhi High Court in paragraph 110(v) granted the following interim relief: "In the interregnum, the specific amounts as referred to i....

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....condition that the petitioners therein should provide bank guarantee for the said amount to the Directorate of Enforcement. In the circumstances, this Court is inclined to grant interim order to the extent of payment of salary to the employees of the petitioners. There shall therefore, be a direction to the respondents to permit the petitioners to operate the bank accounts to the extent of Rs. ....