PURUSHAINDRA KUMAR KAURAV
Raghuveer Jewellers Private Limited Through Its Ar Sh. Tanuj Soni Regd. Office: L-92, Lalji Shopping Complex, Shop No. 1, Munirka Market New Delhi-110067 – Appellant
Versus
Reserve Bank of India – Respondent
JUDGMENT
Purushaindra Kumar Kaurav, J. (Oral)--This petition filed under Article 226 of the Constitution of India is directed against the respondents seeking directions to release/unfreeze the funds freezed/held by respondent No.3/HDFC Bank.
2. Learned counsel appearing on behalf of the petitioner states that in August, 2020 respondent No.5 had purchased gold ornaments vide invoices amounting to Rs.4,88,851.35 and Rs.4,37,000.16. The payment of the said ornaments was made by respondent No.5 from her account being maintained with State Bank of India (SBI) through IMPS and RTGS transactions.
3. Learned counsel appearing on behalf of the petitioner states that the petitioner received an email dated 19.12.2020 from the officials of respondent No.3/HDFC Bank, wherein, respondent No.3/HDFC Bank mentioned that they had received the email from officials of respondent No.2/SBI, informing them that respondent No.5 had lodged a complaint disputing the said transactions and therefore, respondent No.3/HDFC Bank decided to freeze funds of Rs.8,25,000/- in the petitioner's account.
4. Learned counsel appearing on behalf of the petitioner further states that the decision of the respondent No.3/H
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