R.SUBHASH REDDY
Ganesh Cotton Traders. , rep. by its Proprietor – Appellant
Versus
General Manager – Respondent
This writ petition is filed, seeking directions by way of Mandamus, declaring the action of respondents in freezing the account of the petitioner, as illegal and violative of Articles 19 and 21 of the Constitution of India.
The petitioner, a proprietary concern, is engaged in cotton business. Petitioner is having business dealings with M/s. Lakshmi Ganesh Textiles (P) Ltd., Coimbatore in Tamilnadu. In the course of business transactions, M/s. Lakshmi Ganesh Textiles (P) Ltd. has issued a cheque bearing No.726190, dated 05.04.2012, for an amount of Rs.24,15,365/-, towards part payment for the purchases made by the said Firm from the petitioner. The petitioner is an account holder in the 2nd respondent-Bank with account No. 022302210002513. It is the case of the petitioner that when he presented the cheque issued by M/s. Lakshmi Ganesh Textiles (P) Ltd., Coimbatore, the said cheque was honoured and an amount of Rs.24,15,365/-was transferred to his account, and subsequently, he issued cheques to third parties towards the amounts payable by him, but, when the cheque bearing No.577858, dated 05.05.2012, for Rs.11,40,200/-, issued by the petitioner came for scrutiny, it was dish
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