The appellant had appealed seeking directions to the respondent to lift the order relating to his State Bank of India account

An appeal was filed under Section 10F of the Companies Act, 1956, challenging an order passed by the Company Law Board

Rules that on receiving the entire outstanding loan amount from the borrowers, the bank had no claim over the auction money

States that the intent of the Parliament in introducing the Goods and Services Tax Act was to avoid a multiplicity of levies

The petitioners had complained of facing huge losses to their businesses after their accounts were suspended

The bench cites the decision of the Supreme Court in a previous case

The assessing authority had passed the order under Section 42(3) of the Value Added Tax Act

Upholds the order of the Delhi High Court

The Kerala High Court judge had retired on May 29

Asserts that the Taj Trapezium (Prevention and Control) Authority was constituted to exercise the powers conferred under

Cites the decision of the Supreme Court and other courts in similar matters

Directs Yamuna Expressway Authority to refund the amount deposited by the petitioner pursuant to the impugned demand