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Manappuram Finance Ltd vs The State Of Karnataka
2024 Latest Caselaw 19436 Kant

Citation : 2024 Latest Caselaw 19436 Kant
Judgement Date : 2 August, 2024

Karnataka High Court

Manappuram Finance Ltd vs The State Of Karnataka on 2 August, 2024

Author: Hemant Chandangoudar

Bench: Hemant Chandangoudar

                                                   -1-
                                                                NC: 2024:KHC:30660
                                                              WP No. 20920 of 2024




                             IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                                 DATED THIS THE 2ND DAY OF AUGUST, 2024

                                                 BEFORE
                             THE HON'BLE MR JUSTICE HEMANT CHANDANGOUDAR
                                WRIT PETITION NO. 20920 OF 2024 (GM-POLICE)
                        BETWEEN:

                        MANAPPURAM FINANCE LTD
                        A COMPANY INCORPORATED UNDER THE COMPANIES
                        ACT 1956, HAVING REGISTERED OFFICE AT
                        MANAPURAM HOUSE, A O VALAPAD, THRISSUR
                        DISTRICT KERALA - 680567
                        HAVING ONE OF ITS BRNACH
                        AT 818/72, 2ND FLOOR, KMS COMPLEX,
                        FIRST FLOOR CANARA BANK, N H 13 MAIN ROAD,
                        KARNATAKA, DAVANGERE CHANNAGIRI - 577213
                        REP BY ITS AREA HEAD
                        THE AUTHORISED OFFICER SELVAM C.
                                                                      ...PETITIONER
                        (BY SRI. ANISH JOSE ANTONY, ADVOCATE)

                        AND:

                        1.   THE STATE OF KARNATAKA
Digitally signed by B
K                            BY ITS SECRETARY,
MAHENDRAKUMAR
Location: HIGH               HOME DEPARTMENT,
COURT OF
KARNATAKA
                             VIDHANA SOUDHA,
                             BANGALORE-560 001.

                        2.   THE STATION HOUSE OFFICER /
                             POLICE INSPECTOR
                             CHANNAGIRI POLICE STATION
                             CHANANGIRI, DAVANGERE DISTRICT
                             KARNATAKA -577 213.
                                                                   ...RESPONDENTS
                        (BY SRI. SHAMANTH NAIK, HCGP)

                            THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF
                        THE CONSTITUTION OF INDIA PRAYING TO DECLARE THAT
                                  -2-
                                                NC: 2024:KHC:30660
                                            WP No. 20920 of 2024




THE INTERFERENCE BY THE RESPONDENTS IN PETITIONERS
BUSINESS FOR FORCEFULLY SEIZING THE GOLD ARTICLES
PLEDGED BY IT COSTUMERS IS ARBITRARY AND IS IN
VIOLATION OF FUNDAMENTAL RIGHTS GUARANTEED UNDER
ARTICLE 14 AND 19(1)(g) OF THE CONSTITUTION OF INDIA IN
THE INTEREST OF JUSTICE AND EQUITY AND ETC.

    THIS PETITION, COMING ON FOR PRELIMINARY
HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

CORAM: HON'BLE MR JUSTICE HEMANT CHANDANGOUDAR

                            ORAL ORDER

The learned High Court Government Pleader accepts notice for the respondents.

2. The petitioner seeks a declaration that the interference by the respondents in the petitioner's business, specifically the forceful seizure of gold articles pledged by its customers, is arbitrary and in violation of fundamental rights under Articles 14 and 19(1)(g) of the Constitution of India.

3. The issue involved in this petition was examined by a coordinate Bench of this Court in WP No. 10754/2023 (dated 06.06.2023). In that case, relying on the decision in WP No. 22441/2022 (dated 15.11.2022), it was held as follows in paragraphs 2 and 3 of the said judgment:

"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

NC: 2024:KHC:30660

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 cannot 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."

4. Therefore, it is expedient to dispose of the writ petition in terms of the order passed in the aforesaid petition.

5. The relief granted to the litigant in the cognate writ petition is extended to the petitioner herein as well, mutantis mutandis.

Sd/-

(HEMANT CHANDANGOUDAR) JUDGE

BKM

 
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