TMI Blog2020 (6) TMI 115X X X X Extracts X X X X X X X X Extracts X X X X ..... s employees for the month of April, 2020, by operating / encashing the FDRs of the equivalent amount, (equivalent to the salaries to be paid to the employees). The petitioner is permitted to deposit the TDS and connected statutory dues (if any) with the authorities. That apart, petitioner is also permitted to open one account each in HDFC Bank and DCB respectively. The monies received by the petitioner from the lenders / customers shall be deposited in these accounts. The petitioner shall not withdraw any amount from the said accounts till the next date of hearing. List on May 20, 2020. - W.P.(C) 3083/2020 & CM. No. 10720/2020 & CM. Nos. 10771 to 10776/2020 - - - Dated:- 13-5-2020 - HON'BLE MR. JUSTICE V. KAMESWAR RAO For ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ding to him, with regard to the FDRs mentioned at serial nos. 4 to 16 of the table depicted in Para 2 of the petition, which did not form part of the attachment order, instructions were issued by the respondents to the Banks not to encash / operate the same. He also states the respondents are in the process of issuing a fresh attachment order with respect to the said FDRs. He further states in so far as the accounts at serial nos. 2 and 3 are concerned, as there was no money in the said accounts, the same were not attached. Notice, Mr. Amit Mahajan, learned CGSC accepts notice for the respondents. The respondents to file a reply on or before May 19, 2020 with an advance copy to the counsel for the petitioner. The reply shall also be on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the prayer made in this application is for staying the operation of the order freezing the petitioner company s bank accounts/FDRs held with HDFC Bank, Pocket 2, OFC, Sector C, Vasant Kunj, New Delhi Branch as well as Development Co-operative Bank, A-Set Building, Desh Bandhu Road, Karol Bagh, New Delhi 110005, he would be satisfied if for present the petitioner is permitted to pay the salaries to the employees for the month of April, 2020 by encashing FDRs of equivalent amounts. He states, the petitioner is ready to furnish the list of employees to whom the salaries have to be paid to the respondents within 24 hours to enable the respondents verify the authenticity of the names. According to him, if the respondents have any doubt wit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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