RAJEEV RANJAN PRASAD, J.:–This Writ Application has been preferred for the following reliefs:—

“(i) For issuance of writ/direction upon the Respondents nos. 4 & 5 to forthwith withdraw his direction to the bankers of the Petitioner Company being Respondents nos. 6 & 7 for debit freeze of the bank accounts of the petitioner Company and to allow the Petitioner to make debit transactions in its accounts.

(ii) For issuance of writ/direction to the Respondent no. 6 & 7 to defreeze the Bank Accounts of the petitioner company with the Respondent banks.

(iii) For issuance of a writ in the nature of mandamus directing the Respondent nos. 1 to 3 to order the removal of the present I.O., Respondent nos. 4 & 5 in FIR bearing Patliputra P.S. Case No. 255 of 2020 and to appoint a new IO for the fair investigation in the above-mentioned FIR.”

2. A First Information Report (in short ‘F.I.R.’) giving rise to Patliputra P.S. Case No. 255/2020 dated 09.07.2020 has been registered under Section 419, 420, 406, 467 and 471 of the Indian Penal Code at the instance of Mr. Siddharth Kasana who is respondent no. 8 in the present writ application. Respondent no. 8 has claimed that he being a Director of one M/s