M/S Mastect Services Pvt. Ltd. v. Union of India & Ors.
Case brief
What is this about?
Writ petition sought lifting of a debit freeze on the petitioner's bank account. The court held that since only Rs. 24 lakhs was the disputed amount, a complete freeze was unwarranted. The account was directed to be defrozen with Rs. 24 lakhs held under lien; petition allowed and disposed of.
What did the court decide?
Account No. 1947549287 at Kotak Mahindra Bank, Vasant Kunj defrozen; Rs. 24 lakhs to be held in lien.