JUDGMENT :

M. S. Sonak, J.

1. Heard Mr. P. Kamat for the petitioner and Ms. S. Kakodkar for respondent no.5.

2. Since service is complete on the respondents including the contesting respondent no.5, we issue Rule in this petition and with the consent of the learned counsel for the parties and respondent no.5, proceed to dispose of this petition finally, forthwith.

3. The petitioner challenges the decisions dated 15.02.2021 and 18.03.2021 communicated by the Banking Ombudsman rejecting the complaint made by the petitioner in terms of the Banking Ombudsman Scheme 2006 (as amended) which is set out in the notification dated 03.02.2009.

4. The petitioner's grievance concerns the freezing of some of its bank accounts and the alleged non-payment of interest on certain bank accounts/deposits maintained by the petitioner with respondent no.5 Bank.

5. The Banking Ombudsman by communication dated 15.02.2021 has declined to look into the petitioner's complaint by observing the following in paragraphs 3 and 4:

“3. As the grievance raised by the complainant has been resolved by the bank or the concerned subsidiary of a bank with the intervention of the Banking Ombudsman, accordingly your complaint was