What is the impact of blacklisting a firm by Government?

+2 votes
asked Feb 12, 2015 in Business Law by manoj
I have company and there are 3 type of work that we are doing. One is reconciliation of Accounts and one is printing works and other is computer on rent.

Due to some reconciliation Problem Government official are saying that they are going to blacklist my firm.

So, if they blacklist my company/firm then can they block by Bank Account also? Please advice

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