TMI Blog2021 (11) TMI 902X X X X Extracts X X X X X X X X Extracts X X X X ..... f the employees have not been paid and the employees would suffer hardship - HELD THAT:- This Court is inclined to grant interim order to the extent of payment of salary to the employees of the petitioners. There shall therefore, be a direction to the respondents to permit the petitioners to operate the bank accounts to the extent of ₹ 2 crores, subject to their furnishing bank guarantee fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Counsel for the Respondent Nos.2 to 4: NONE APPEARED ORDER SRI B.VIJAYSEN REDDY, J. Heard learned Senior Counsel Sri Darnmalapati Srinivas on behalf of learned counsel for the petitioners and Sri B. Narsirnha Sharma, learned Standing Counsel for Enforcement Directorate (ED). Learned Senior Counsel submits that as an interim measure, a sum of ₹ 2 crores may be released ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hi High Court dated 27.10.2021 in W.P(C).No. 5713 of 2020 and CM Appeals No. 20656, 31384 of 2020 and 4153 of 2021. The Delhi High Court in paragraph 110(v) granted the following interim relief: In the interregnum, the specific amounts as referred to in the order dated 28th December 2020 of the Adjudicating Authority shall remain frozen. However, the petitioners are permitted to furnish eithe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ances, this Court is inclined to grant interim order to the extent of payment of salary to the employees of the petitioners. There shall therefore, be a direction to the respondents to permit the petitioners to operate the bank accounts to the extent of ₹ 2 crores, subject to their furnishing bank guarantee for the said amount. The petitioners are permitted to operate the bank accounts with ..... X X X X Extracts X X X X X X X X Extracts X X X X
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