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Manappuram Finance Ltd vs The State Of Karnataka
2024 Latest Caselaw 28108 Kant

Citation : 2024 Latest Caselaw 28108 Kant
Judgement Date : 25 November, 2024

Karnataka High Court

Manappuram Finance Ltd vs The State Of Karnataka on 25 November, 2024

Author: Hemant Chandangoudar

Bench: Hemant Chandangoudar

                                               -1-
                                                           NC: 2024:KHC:48160
                                                        WP No. 31570 of 2024




                        IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                           DATED THIS THE 25TH DAY OF NOVEMBER, 2024

                                            BEFORE
                        THE HON'BLE MR JUSTICE HEMANT CHANDANGOUDAR
                           WRIT PETITION NO. 31570 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, TRISSUR DISTRICT
                   KERALA-680 567
                   HAVING ONE OF ITS BRANCH AT:-
                   JAYANAGAR 9TH BLOCK SECOND FLOOR
                   EAST END MAIN ROAD
                   NEAR FOOD CORPORATION OF INDIA
                   9TH BLOCK, JAYANAGAR
                   BENGALURU DISTRICT-560 069
                   REP. BY AUTHORISED SIGNATORY
                   AND AREA MANAGER, MR. NEELAM SALMAN.
                                                               ...PETITIONER
Digitally signed   (BY SRI. K.R. POORNA PRASAD, ADVOCATE)
by R
HEMALATHA
Location: HIGH
                   AND:
COURT OF
KARNATAKA          1.    THE STATE OF KARNATAKA
                         BY ITS SECRETARY, HOME DEPARTMENT
                         VIDHANA SOUDHA
                         BENGALURU-560 001.

                   2.    THE COMMISSIONER OF POLICE
                         BANGALORE CITY
                         KARNATAKA-560 001.

                   3.    THE INSPECTOR OF POLICE
                         SUBRAMANYANAGARA POLICE STATION
                         DR. RAJKUMAR ROAD
                                -2-
                                             NC: 2024:KHC:48160
                                         WP No. 31570 of 2024




    SUBRAMANYA NAGAR
    BANGALORE-560 010.
                                              ...RESPONDENTS
(BY SRI. K.P. YOGANNA, AGA)

     THIS WRIT PETITION IS FILED UNDER ARTICLES 226
AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO
QUASH THE NOTICES BOTH DATED 23.11.2024 ISSUED
UNDER    SECTION   94   OF    BNSS  ADDRESSED    TO
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, 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:

NC: 2024:KHC:48160

"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 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, mutatis mutandis.

Sd/-

(HEMANT CHANDANGOUDAR) JUDGE

BKM

 
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