CWP No.28562 of 2024(O&M) -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Date of Decision: 09.04.2026 1. CWP No.28562 of 2024(O&M) Kayast Infotech Private Limited ….Petitioner vs. Canara Bank, Sehnewal Branch, Ludhiana ….Respondent 2. CWP-26484-2025 Kayast Infotech Private Limited vs. Canara Bank, Sehnewal Branch, Ludhiana and another 3. CWP-30990-2024 Kayast Infotech Private Limited vs. Canara Bank, Sehnewal Branch, Ludhiana and another 4. CWP-29886-2025 Kayast Infotech Private Limited vs. Canara Bank, Sehnewal Branch, Ludhiana and another 5. CWP-30579-2025 Rahul Kumar vs. Canara Bank, Sehnewal Branch, Ludhiana and another CORAM: HON’BLE MR. JUSTICE JAGMOHAN BANSAL Present: Mr. Sudesh Sahi, Advocate for the petitioner(s) Mr. Gaurav Goel, Advocate Mr. Teginder Singh, Advocate for the respondent-Bank *** JAGMOHAN BANSAL, J. (ORAL) 1. By this common order, CWP No. 28562 of 2024, CWP No. 26484 of 2025, CWP No. 30990 of 2024, CWP No. 29886 of 2025 and CWP No. 30759 of 2025 are hereby adjudicated as common questions of PARAMJIT KAUR SAINI 2026.04.09 04:01 I attest to the accuracy and integrity of this document CWP No.28562 of 2024(O&M) -2- law and facts are involved. With the consent of both sides, facts are borrowed from CWP No. 28562 of 2024. 2. The petitioner through instant petition under Articles 226/227 of the Constitution of India is seeking direction to respondent to de-freeze its Bank Account No.120025870403 maintained with respondent-Bank. 3. Learned counsel for the petitioner submits that petitioner is a private limited company. It is duly registered with Registrar of Companies as well as GST Authorities. It is getting payment through Google Pay from its clients. There is no reason to freeze its bank account. 4. Reply filed by respondent-bank along with Annexures R-1 and R-2 is taken on record. Registry is directed to tag the same at appropriate place. 5. Learned counsel for the respondent submit that there are hundreds of transactions in petitioner’s account which are suspicious. As per investigation conducted by police authorities at Gujarat as well as in other States, money has been fraudulently transferred in petitioner’s account. As per practice followed by fraudsters, money received in one account is siphoned off in other accounts. They create multi layer accounts. Petitioner’s account is one of those accounts. 6. In the wake of serious allegations against the petitioner- company and absence of explanation for multiple suspicious transactions in its account, there seems no reason to interfere and invoke writ jurisdiction of this Court. PARAMJIT KAUR SAINI 2026.04.09 04:01 I attest to the accuracy and integrity of this document CWP No.28562 of 2024(O&M) -3- 7. The petitions stand disposed of with liberty to petitioner to explain sources of suspicious entries to respondent-bank which will proceed in accordance with law. 8. Pending Misc. application(s), if any, shall stand disposed of. (JAGMOHAN BANSAL) JUDGE 09.04.2026 paramjit Whether speaking/reasoned: Yes Whether reportable: No PARAMJIT KAUR SAINI 2026.04.09 04:01 I attest to the accuracy and integrity of this document