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2019 (5) TMI 1109 - HC - CustomsAttachment of Bank Accounts - de-freezing of attached Bank Accounts - conditional or un-conditional de-freezing - requirement of furnishing security - HELD THAT:- The impugned orders dated 16th and 31st March 2017 of the learned Single Judge to the extent that they require SLML to furnish security in the sum of ₹ 10 crores to the satisfaction of the DRI as a condition to operate its bank accounts are hereby set aside. It is directed that all of SLML’s bank accounts shall be permitted to be operated by the Respondents without any pre-condition - Petition disposed off.
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