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2022 (3) TMI 948 - NATIONAL COMPANY LAW TRIBUNAL , KOLKATA BENCHSeeking directions to the Income Tax Department to release the lien on the Bank Account of Corporate Debtor under liquidation - HELD THAT:- The account of the Corporate Debtor had been seized at the instance and directions of Commercial Taxes, State of Bihar and this Adjudicating Authority had directed that since the Corporate Debtor was in the course of liquidation and in order to have completion of process of liquidation in expeditious manner, the department shall release the accounts which have been seized. The Income Tax Department are directed to immediately remove their lien from the Bank Account No. 691011002989, 691044000138 in Kotak Mahindra Bank which belongs to the Corporate Debtor under Liquidation - application disposed off.
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