Fly Forex Private Limited vs The Bank Manager The Axis Bank Ltd

Citation : 2024 Latest Caselaw 12034 Ker
Judgement Date : 10 May, 2024

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Kerala High Court

Fly Forex Private Limited vs The Bank Manager The Axis Bank Ltd on 10 May, 2024

Author: Murali Purushothaman

Bench: Murali Purushothaman

WP(C) No.16107/2024                        1/3                         Order Date : 10-05-2024

                         IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                         PRESENT
                      THE HONOURABLE MR.JUSTICE MURALI PURUSHOTHAMAN
                  Friday, the 10th day of May 2024 / 20th Vaisakha, 1946
                                  WP(C) NO. 16107 OF 2024
   PETITIONER:

          FLY FOREX PRIVATE LIMITED, DOOR NO: 3/716, NEAR MINI CIVIL STATION,
          KODUVALLY P.O, THAMARASSERY, KOZHIKODE, PIN: 673572 REPRESENTED BY
          ITS MANAGING DIRECTOR- FAYAS K.C, SON OF. ABDU RAHIMAN,
          KAZHAKANCHALI(H), PADANILAM P.O, KUNNAMANGALAM, KOZHIKODE (DIST.),
          PIN - 673571

   RESPONDENTS:

      1. THE BANK MANAGER, THE AXIS BANK LTD., CALICUT BRANCH, MARINA HALL,
         YMCA CROSS ROAD, CALICUT (DIST.), PIN - 673001
      2. STATION HOUSE OFFICER, GHATKOPAR POLICE STATION, LAL BAHADUR SHASTRI
         MARG, CHIRAG NAGAR, GHATKOPAR WEST, MUMBAI, MAHARASHTRA   [ EMAIL:-
         [email protected]], PIN - 400086


        Writ petition (civil) praying inter alia that in the circumstances
   stated in the affidavit filed along with the WP(C) the High Court be
   pleased to issue an interim direction to 1st respondent to de freeze and
   permit the petitioner to operate the Account Number: 923020007101821 of
   Axis Bank Ltd, Calicut Branch, Kozhikode (Dist) and further restraining
   the 1st respondent from freezing the bank account of the petitioner
   without obtaining order under Section 102 of the Code of Criminal
   Procedure, pending the disposal of WP(C).


        This petition coming on for orders upon perusing the petition and
   the affidavit filed in support of WP(C) and upon hearing the arguments of
   M/s. V.S.MANSOOR & AKHIL BINOY, Advocates for the petitioner and of M/S
   MADHU RADHAKRISHNAN, NELSON JOSEPH, M.D.JOSEPH & DEEPAK ASHOK KUMAR,
   Advocates for R1, the court passed the following:
 WP(C) No.16107/2024                           2/3                           Order Date : 10-05-2024



                           MURALI PURUSHOTHAMAN, J.
                         ---------------------------------------------
                              W.P. (C) No.16107 of 2024
                       -------------------------------------------------
                         Dated this the 10th day of May, 2024

                                              ORDER

It is submitted by the learned counsel for the petitioner that after Ext.P6 judgment, at the instance of the very same complainant, the Bank, on requisition from the 2 nd respondent has again freezed the account of the petitioner. The learned counsel for the petitioner further states that the amount ordered to be frozen is not stated in the communication and therefore the petitioner is not in a position to operate the account.

2. The learned counsel for the Bank to get instructions as to whether the requisition by the Police is on the basis of the very same complainant and shall also ascertain the amount that has to be freezed in the account of the petitioner.

Post on 24.05.2024.

Sd/-

MURALI PURUSHOTHAMAN JUDGE SPR WP(C) No.16107/2024 3/3 Order Date : 10-05-2024 APPENDIX OF WP(C) 16107/2024 Exhibit P1 A TRUE PHOTOCOPY OF THE LICENSE ISSUED BY THE RESERVE BANK OF INDIA TO THE PETITIONER Exhibit P2 . A TRUE PHOTOCOPY OF THE BANKING STATEMENT OF THE PETITIONER IN RESPECT OF ACCOUNT NO: "923020007101821" ISSUED BY 1ST RESPONDENT Exhibit P3 A TRUE PHOTOCOPY OF THE BILL DTD: 13/10/2023 GENERATED BY THE PETITIONER FOR THE SERVICE AVAILED BY CUSTOMER; ABDU RAHIMAN THEKKE KUDDINNIL Exhibit P4 A TRUE COMPUTER COPY OF E-MAIL DATED 16/10/2023 SENT BY THE 1ST RESPONDENT Exhibit P5 A TRUE COMPUTER COPY DTD:1/12/2023 OF THE RELEVANT PAGE OF THE COMMUNICATION SENT BY THE 1ST RESPONDENT WITH RESPECT TO THE ALLEGED DEFRAUDED AMOUNT Exhibit P6 A TRUE PHOTO COPY OF RELEVANT PAGES OF THE JUDGEMENT IN W.P.C NO: 40875/2023 Exhibit P7 A TRUE COPY OF THE LETTER DTD: 4/03/2024 ISSUED BY THE 2ND RESPONDENT