Provisional Attachment Orders Under 281B Expired After Six Months Due to Lack of Timely Extension.

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....Provisional attachment orders u/s 281B were passed on 10.01.2024, valid for six months. The respondents were empowered to extend the provisional attachment for two more years under proviso to Section 281B(2), but failed to do so before expiry. Consequently, the provisional attachment orders ceased to have effect after six months on 10.07.2024, as no extension order was passed. Once an attachment order ceases, its continuation is impermissible unless extended per Section 281B(2) proviso. The HC's interim order of 15.02.2024 continues as long as the impugned provisional attachment order existed.....