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2024 Supreme(Online)(Kar) 45017

KARNATAKA HIGH COURT
M.NAGAPRASANNA, J
AXIS BANK LTD – Appellant
Versus
THE STATE OF KARNATAKA BY – Respondent


Advocates:
SRI UNNIKRISHNAN M., ADVOCATE; SRI B.N.JAGADEESHA, ADDL.SPP FOR R-1

Table of Content
1. criminal petition allowed (Para 1 , 2 , 3)

ORAL ORDER

2. Learned counsel appearing for the petitioner submits that in all identical cases coordinate benches have allowed the petitions and remitted the matter back to the office of the learned Magistrate to permit the petitioner to file his objections with liberty to appear and then consider applications filed under Sections 451 and 457 of Code of Criminal Procedure , 1973.

"ORDER The Petitioner which is a Financial Institution is before this Court challenging the order passed by 1st Additional Chief Metropolitan Magistrate on an application filed under Sections 451 and 457 of Cr.P.C. by the complainant/respondent No.2 directing the petitioner-Bank to defreeze the amount belonging to the accused and transfer the said amount to the bank account of the complainants/respondent No.2.

3. Learned Special Public Prosecutor on instructions would suggest that the matter may be remanded to the Jurisdictional Courts to consider the application filed under Sections 451 and 457 of Cr.P.C. afresh, by affording an opportunity of hearing to the petitioner.

ORDER

ii. The order dated 26.11.2021 passed by the 1st Additional Chief Met

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