2024 (4) TMI 999

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....case: For the Petitioner: Mr. Akhil Krishan Maggu, Mr. Vikas Sareen, Mr. Ayush Mittal, Ms. Maninder Kaur and Mr. Oshin Maggu, Advocates. For the Respondents: Mr. Ateev Mathur, Advocate for HDFC Bank. Mr. Anurag Ojha, Senior Standing Counsel for respondent No. 1 and 2 with Mr. Subham Kumar and Mr. Vipul Teotia, Advocates. JUDGMENT SANJEEV SACHDEVA, J. (ORAL) 1. Petitioner impugns com....

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....d communication dated 14.08.2019 has been issued, reads as under:- "83. Provisional attachment to protect revenue in certain cases. (1) Where during the pendency of any proceedings under section 62 or section 63 or section 64 or section 67 or section 73 or section 74, the Commissioner is of the opinion that for the purpose of protecting the interest of the Government revenue, it ....

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.... the Act. 6. In view of Section 83 (2) of the Act, the life of an order of provisional attachment is only one year. In the instant case, the impugned communication is dated 14.08.2019 and a period of one year has elapsed from the issuance of the said communication. Consequently, the impugned order dated 14.08.2019 has ceased to be effective and cannot be any more implemented either by the respo....