India, Feb. 21 -- Update | February 21, 4:14 PM

Coworking space provider Awfis' bank accounts, which were frozen by tax authorities, have now been restored.

In an exchange filing, Awfis said it has received copies of orders in Form GST DRC-23 from tax authorities in Mumbai, directing HDFC and ICICI banks to restore the company's operative bank accounts held with them. The form is generally issued when there are no proceedings pending against a defaulter warranting the attachment of bank account(s).

"We wish to inform you that the Company has now received copies of orders in Form GST DRC-23 from the Joint Commissioner of State Tax, Nodal Division, Mumbai - 2. These orders direct HDFC Bank Limited and ICICI Bank Limited to restore the co...