R.RAGHUNANDAN RAO
Kumar Pappu Singh, S/o. Kapil Deo Singh – Appellant
Versus
Union of India, Ministry of Finance, rep. by its Secretary, North Block, Central Secretariat, New Delhi – Respondent
ORDER :
1. The petitioners in W.P.Nos.11490, 11492 and14336 of 2020 are Private Limited Companies. The petitioner in W.P.No.11572 of 2020 is a partnership firm. The petitioners in W.P.No.9338 of 2020 and W.P.No.9362 of 2020 are individuals. All these petitioners are challenging the order or provisional attachment bearing No.2/2019 in File No.ECIR/VKSZ0/02/2018 dated 31.12.2019, passed by the 2nd respondent in all these cases.
2. The case of the petitioners is that M/s IDBI Bank had filed a complaint before the Central Bureau of Investigation, which was registered as FIR.No.RC03(A)/2018, dated 27.03.2018, against various persons including Sri Kumar Pappu Singh, the writ petitioner in W.P.No.9338 of 2020, who was arrayed as Accused No.3 in the said complaint. The complaint of the bank was that between the years 2009 and 2012 the bank had sanctioned Kisan Credit Card (KCC) Loans to 101 borrowers to the tune of Rs.74.99 crores without obtaining proper loan documents and without conducting pre-sanction and post-sanction inspections and without ensuring the end use of the loan. It is further stated in the complaint that these loan amounts were disbursed to the savings accounts of the benef
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