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Manappuram Finance Ltd vs The State Of Karnataka
2024 Latest Caselaw 25392 Kant

Citation : 2024 Latest Caselaw 25392 Kant
Judgement Date : 24 October, 2024

Karnataka High Court

Manappuram Finance Ltd vs The State Of Karnataka on 24 October, 2024

Author: Hemant Chandangoudar

Bench: Hemant Chandangoudar

                                                      -1-
                                                                 NC: 2024:KHC:42961
                                                             WP No. 28729 of 2024




                             IN THE HIGH COURT OF KARNATAKA AT BENGALURU

                                DATED THIS THE 24TH DAY OF OCTOBER, 2024

                                                  BEFORE
                             THE HON'BLE MR JUSTICE HEMANT CHANDANGOUDAR
                                WRIT PETITION NO. 28729 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
                        1ST PHASE J P NAGAR, BUILDING NO.57-286-17,
                        1ST FLOOR(MUNICIPAL NO.17), KARIYAPPA ROAD,
                        SHAKAMBARI NAGAR, OPP. TALUK OFFICE,
                        J P NAGAR BENGALURU-560 078,
                        REPRESENTED BY THE MANAGER ASHOK E.
                                                                      ...PETITIONER
                        (BY SRI. ANISH JOSE ANTONY., ADVOCATE)

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

                        2.    THE STATION HOUSE OFFICER/
                              INVESTIGATION OFFICER
                              NO.441/6A, 4TH A CROSS ROAD,
                              BAGALAGUNTE, BANGALORE-560 073.
                                                                   ...RESPONDENTS
                        (BY SRI. K P YOGANNA., AGA)

                             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
                                   -2-
                                                  NC: 2024:KHC:42961
                                              WP No. 28729 of 2024




VIOLATION OF FUNDAMENTAL RIGHTS GUARANTEED UNDER
ARTICLE 14 AND 19(1)(g) OF THE CONSTITUTION OF INDIA IN THE
INTEREST OF JUSTICE AND EQUITY.

      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 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

NC: 2024:KHC:42961

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.

Sd/-

(HEMANT CHANDANGOUDAR) JUDGE

BKM

 
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