Firm's bank accounts attached over directors' personal liability; High Court orders reconsideration within 1 month.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....This legal matter concerns the attachment of two bank accounts belonging to the petitioner, a private limited company, due to personal liability imposed on its directors. The High Court disposed of the petition by directing the respondent to consider and resolve the petitioner's representation dated 20-9-2023 within one month. The respondent must provide a reasonable opportunity to the petitioner and consider the provisions of the Finance Act while disposing of the representation. No costs were awarded.....