Legal21 Feb 2026, 04:34 pm
Bharat Heavy Electricals Ltd. Faces Attachment of Bank Account by Commercial Court
AI Summary
In an execution petition filed by M/s Indwell Construction Pvt. Ltd., the Commercial Court, Visakhapatnam, has directed attachment of an amount of Rs. 55.84 Crore lying in one of the bank accounts of Bharat Heavy Electricals Limited (BHEL) at Visakhapatnam. The Company is examining the said order and is taking appropriate legal steps, including availing all remedies available under applicable law to protect its interests.
Key Highlights
- Bharat Heavy Electricals Ltd. is facing an attachment of a bank account by the Commercial Court, Visakhapatnam.
- The attachment is due to an execution petition filed by M/s Indwell Construction Pvt. Ltd.
- The attached amount is Rs. 55.84 Crore.
- BHEL is examining the order and taking legal steps to protect its interests.
- BHEL has the option to avail all remedies available under applicable law.