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2016 (1) TMI 1269 - HC - Service TaxRecovery of service tax dues - attachment of bank accounts - Change in the management of the company - It is stated that the present management was not aware of the orders passed against the petitioner-company prior to the takingover of the management and, in fact, the erstwhile management had assured the present management that there were no dues outstanding to any department at the time of transaction. Held that:- Taking note of the said submission of counsel for the petitioner, I direct that, if the petitioner discharges its liability to respondents 1 to 5 pursuant to Order (Original) No. 7/2011-S.T., dated 27-4-2011 in 10 equal successive monthly instalments commencing from 5-2-2016, then further proceedings for recovery as against the petitioner including further steps pursuant to Ext.P9 shall be kept in abeyance. - The petitioner shall also be permitted to operate the accounts mentioned in Ext.P9 during the period of operation of the stay granted in this judgment.
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