9911796707
TMI Blog2021 (3) TMI 338X X X X Extracts X X X X X X X X Extracts X X X X ..... n the affidavit of director of the petitioner-company. List the matter on 05.04.2021. - W.P.(C) 2435/2021 & CM No.7083/2021 - - - Dated:- 5-3-2021 - HON'BLE MR. JUSTICE RAJIV SHAKDHER AND HON'BLE MR. JUSTICE TALWANT SINGH Petitioner Through: Mr. Tarun Gulati, Sr. Adv. With Ms. Vibhooti Malhotra and Mr. Bhuvnesh Satija, Advs. Respondents Through Mr. Satish Aggarwala, SPP with Mr. Jasneet Jolly and Mr. Gagan Vaswani, Advs. Along with I.O. Ajab Singh. O R D E R [Court hearing convened via video-conferencing on account of COVID-19] 1. Pursuant to the order dated 03.03.2021; two affidavits have been filed on behalf of the petitioner-company. 1.1 The first affidavit has been filed by, one, Mr. Navneet ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the petitioner-company has approached this Court for interim directions for lifting the provisional attachment so that the subject bank accounts could become operable and the petitioner-company is not only able to pay the salaries and other statutory dues concerning its employees but is also able to pay the amounts claimed by the respondents. 3. It is not in dispute that the respondents have not carried out an assessment, as yet. It is also not in dispute that the petitioner-company has not made a self-assessment of the tax dues, if any, payable by it. 3.1. As noticed in our order dated 03.03.2021, the cumulative amount outstanding as on that date as per the respondents is ₹ 20.22 crores which includes the principal amount of &# ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... RBL Bank 7. 50200030856352 HDFC Bank 8. 111511100005428 Andhra Bank 9. 1431214000058 Canara Bank 10. 54746284001 HSBC Bank 11. 10050269366 IDFC Bank (ii) Since the exact credit balance available in the aforementioned 11 bank accounts is not known [although both sides claim it is in the range of at least ₹ 5.00 crores] the petitioner-company will ensure that it retains only a cumulative amount of ₹ 2.00 crores in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a copy of this order. (vi) We make it clear that if there is any infraction concerning the direction issued by this Court, the respondents will have leave to attach the immovable properties and proceed to sell the same. (vii) Furthermore, the respondents will have leave to immediately move the Court for appropriate orders qua the petitioner-company and/or its directors. 3.4. It is ordered accordingly. 4. Mr. Gulati says that Mr. Navneet Singh will join the proceedings as soon as he is served with the summons. 4.1 Mr. Aggarwala says that the respondents will take necessary steps in that behalf. 5. We also make it clear that ₹ 2.00 crores which the petitioner-company, for the moment, has been permitted to collect ..... X X X X Extracts X X X X X X X X Extracts X X X X
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