The order was passed by a bench headed by justice BV Nagarathna on an application moved by PPK NewsClick Studio Limited, which alleged that ICICI Bank was not allowing the company to use its accounts despite a top court order to this effect passed on August 9.
The tax department had raised the demand against receipt of foreign remittances by the portal in previous years. The portal's founder Prabir Purkayastha was arrested in October last year for allegedly receiving money for "pro-China propaganda" and was charged under the Unlawful Activities (Prevention) Act, or UAPA.
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