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Manappuram Finance Ltd vs The State Of Karnataka
2024 Latest Caselaw 25234 Kant

Citation : 2024 Latest Caselaw 25234 Kant
Judgement Date : 22 October, 2024

Karnataka High Court

Manappuram Finance Ltd vs The State Of Karnataka on 22 October, 2024

Author: Hemant Chandangoudar

Bench: Hemant Chandangoudar

                                                  -1-
                                                             NC: 2024:KHC:42458
                                                           WP No. 28297 of 2024




                           IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                              DATED THIS THE 22ND DAY OF OCTOBER, 2024

                                               BEFORE
                           THE HON'BLE MR JUSTICE HEMANT CHANDANGOUDAR
                              WRIT PETITION NO. 28297 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-680567,
                      HAVING ONE OF ITS BRANCH AT:
                      HOSAHALLI MAIN ROAD,
                      HUNSAMARANAHALLI, BENGALURU-560002,
                      REPRESENTED BY THE AUTHORIZED PERSON
                      AMALJITH CE.

                                                                  ...PETITIONER
                      (BY SRI. ANISH JOSE ANTONY, ADVOCATE)

                      AND:

                      1.    THE STATE OF KARNATAKA
Digitally signed by         BY ITS SECRETARY,
R HEMALATHA
Location: HIGH
                            HOME DEPARTMENT,
COURT OF                    VIDHANA SOUDHA,
KARNATAKA                   BENGALURU-560 001.

                      2.    THE STATION HOUSE OFFICER/INVESTIGATION
                            OFFICER
                            OFFICE OF CIRCLE INSPECTOR OF POLICE,
                            HOLENARSIPURA CIRCLE,
                            HOLENARSIPURA,
                            HASAN DISTRICT,
                            KARNATAKA-573 211.
                                                               ...RESPONDENTS
                      (BY SRI. K.P. YOGANNA, AGA)
                                 -2-
                                              NC: 2024:KHC:42458
                                           WP No. 28297 of 2024




     THIS WRIT PETITION IS FILED UNDER ARTICLES 226
AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO
DECLARE THAT 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 Additional Government Advocate accepts notice for the respondents.

2. Heard the learned counsel for the petitioner and the learned Additional Government Advocate for the respondents.

3. The petitioner is a company registered under the provisions of the Companies Act, 1956, and has been licensed by the Reserve Bank of India to conduct business as a non-banking financial institution under the provisions of Chapter-III B of the Reserve Bank of India Act, 1934.

4. The grievance of the petitioner is that the respondent - police is likely to seize the gold ornaments during the course of enquiry/investigation following the notice issued under Section 91 of Cr.PC. The issue involved in this petition was examined by a co- ordinate Bench of this Court in W.P. No.10754/2023, disposed of

NC: 2024:KHC:42458

on 6.6.2023, which referred to W.P. No.22441/2022, disposed of on 15.11.2022. Paragraphs 2 and 3 of that order state 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 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."

5. Furthermore, the co-ordinate Bench relied on the judgment of the Division Bench of this Court in W.A. Nos. 932- 933/1974, disposed of on 11.12.1974, wherein it was ruled that the Court should treat similar cases alike, and if relief is granted to one litigant, it should be extended to a similarly circumstanced litigant as well, provided there are no derogatory circumstances.

6. Therefore, this petition also stands disposed of in terms of the order passed by the co-ordinate Bench of this Court in W.P. No. 10754/2023.

Ordered accordingly.

NC: 2024:KHC:42458

The learned Additional Government Advocate is permitted to file memo of appearance for the respondents within two weeks.

Sd/-

(HEMANT CHANDANGOUDAR) JUDGE

BKM

 
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