ORDER :

1. Heard learned senior counsel Sri Ranjit Kumar for learned counsel for petitioners Sri Sai Prasen Gundavarapu and learned Government Pleader for Home, and learned counsel Sri J.Sudheer for impleaded respondent No.3.

2. The writ petition is directed against the request placed by the Investigating Officer of Economic Offences Wing of the Crime Investigating Department of the State Government on HDFC bank to freeze the bank accounts opened and operated by the petitioners in connection with Crime No. 22 of 2016 registered under Sections 409, 420, 477 (A) of IPC and Section 37 of Foreign Contribution Regulation Act, 2010 on 29.9.2016.

3. Facts to the extent necessary are noted hereunder:

(i) Petitioners 1 to 7 are claimed to be engaged in activities related to charitable purposes and provide employment to 2139 number of people. The 8th petitioner is a Trustee of petitioner Nos. 1 and 6, Director of petitioner Nos. 2, 4 and 7 and President of petitioner Nos. 3 and 5.

(ii) On a complaint lodged by Sri Gowripaga Albbert Lael, Crime No.22 of 2016 was registered in the Crime Investigation Department of the State of Telangana on 29.9.2016 under Sections 409, 420, 477 (A) of IPC and Secti