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Manappuram Finance Ltd vs The State Of Karnataka
2024 Latest Caselaw 10017 Kant

Citation : 2024 Latest Caselaw 10017 Kant
Judgement Date : 5 April, 2024

Karnataka High Court

Manappuram Finance Ltd vs The State Of Karnataka on 5 April, 2024

Author: M.Nagaprasanna

Bench: M.Nagaprasanna

                                              -1-
                                                         NC: 2024:KHC:14200
                                                      WP No. 10416 of 2024




                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                            DATED THIS THE 5TH DAY OF APRIL, 2024

                                           BEFORE
                          THE HON'BLE MR JUSTICE M.NAGAPRASANNA
                         WRIT PETITION NO. 10416 OF 2024 (GM-POLICE)
                   BETWEEN:

                   1.    MANAPPURAM FINANCE LTD.,
                         A COMPANY INCORPORATED UNDER THE
                         COMPANIES ACT 1956,
                         HAVING REGISTERED OFFICE AT
                         MANAPURAM HOUSE,
                         A.O. VALAPAD TRISSUR DISTRICT,
                         KERALA - 680 567.
                         HAVING ONE OF ITS BRANCH AT
                         NO.321/348/1, 1ST FLOOR,
                         NEAR BIDADI POLICE STATION,
                         B M ROAD,
                         BIDADI P.O., BANGALORE DT.,
                         K.A PIN - 562 109,
                         REP. BY AUTHORISED SIGNATORY,
Digitally signed         AND AREA HEAD,
by NAGAVENI
                         MR. SURISETTI NANAJI.
Location: HIGH
COURT OF                                                      ...PETITIONER
KARNATAKA
                   (BY SRI. POORNA PRASAD K.R., ADVOCATE)

                   AND:

                   1.    THE STATE OF KARNATAKA
                         BY ITS SECRETARY HOME DEPARTMENT,
                         VIDHANA SOUDHA,
                         BENGALURU - 560 001.
                                             -2-
                                                               NC: 2024:KHC:14200
                                                          WP No. 10416 of 2024




2.    COMMISSIONER OF POLICE,
      BENGALURU CITY,
      BENGALURU - 560 001.

3.    THE SUB-INSPECTOR OF POLICE,
      RAJGOPALNAGAR POLICE STATION,
      137, RAJAGOPALANAGAR MAIN ROAD,
      3RD CROSS, KG NAGAR, LAGGERE, BENGALURU,
      KARNATAKA - 560 086.
                                         ...RESPONDENTS
(BY SRI. K.P. YOGANNA, AGA)

       THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF
THE CONSTITUTION OF INDIA PRAYING TO QUASH THE
NOTICE DATED:01.04.2023 RECEIVED ON 01.04.2024 UNDER
SEC        91    OF      CR    P    C     ADDRESSED            TO    THE   MANGER,
MANAPPURAM FINANCE LIMITED, THE PETITIONER HEREIN, BY
THE R-3, FURNISHED AS ANNEXURE-E AND ETC.

       THIS          PETITION,           COMING        ON      FOR     PRELIMINARY

HEARING, THIS DAY, THE COURT MADE THE FOLLOWING:

                                          ORDER

The petitioner is before this court seeking the

following prayer:

(a) To quash the notice dated 01.04.2024 received on 01.04.2024 under Section 91 of Cr.P.C addressed to the Manager, Manappuram Finance Limited, the petitioner

NC: 2024:KHC:14200

herein, by the respondent No.3 furnished as Annexure-E.

(b) Issue direction writ of mandamus or order or direction directing the respondent police not to proceed with the notice dated 0104.2024 received on 01.04.2024 and furnished as Annexure-E.

(c) Pass an order thereby directing that during the pendency of this present petition, the respondents are restrained from taking any coercive action against the petitioner and not to interfere in the day-to-day business of the petitioner in its premises office at Manappuram Finance Limited, No.321/348/1, Ist Floor, near Bidadi Police Station, B.M.Road, Bidadi P.O., Bangalore District, K.A. Pin - 562 109 and or at other places where the petitioners' employees are working.

(d) And grant such other relief or directions as this Hon'ble Court deems fit in the facts and circumstances of the case.

2. The learned counsel for the petitioner submits

that the issue in the lis stands covered by judgment

NC: 2024:KHC:14200

rendered by the coordinate bench in W.P.No.22441/2022

(M/S MUTHOOT FINANCE LTD., VS. STATE OF

KARNATAKA) disposed on 15.11.2022. The Coordinate

bench has held as follows:

"2. A perusal of the order passed on 14.10.2022, the notice does not in effect indicate anything contrary to what is passed. The only observation is that the writ petition is dismissed and therefore, the gold articles are directed to be produced for investigation. This court has permitted production of gold articles for investigation, but the Investigating Officer cannot seize the same.

3. Learned counsel for the petitioner would submit that he is co-operating with the investigation and indication of dismissal of the petition should not lead to seizure of the gold articles. This court has clearly held that the gold articles be seized and therefore, the Investigating Officer cannot seize the gold articles, but can examine the same by summoning it for the purpose of investigation."

NC: 2024:KHC:14200

3. The learned Additional Government Advocate

would not dispute the position. Therefore, I deem it

appropriate to grant the very relief to the petitioner as is

granted by the coordinate bench.

Ordered accordingly.

Sd/-

JUDGE

SS

 
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