HC : Quashes freezing of bank accounts by Revenue, directs petitioner to join investigation proceedings

Delhi HC quashes notices issued to freeze petitioner’s bank account by Revenue to enquire into allegations of bogus addresses for the purposes of claiming IGST refunds; Finds that, notices were identical to those issued in case of S. B. International wherein it was held that the power to freeze or suspend operations of a bank account cannot legally be exercised; However, directs the petitioner to join the investigation proceedings and furnish an undertaking in the Court, to...