$~75 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 16934/2025 & CM APPL. 69600/2025 SH. MADAN LAL .....Petitioner Through: petitioner through VC versus UNION OF INDIA & ORS. .....Respondents Through: Mr. Sumeet Batra, and Mr. Vishwa Bandhu Advs. for R-2/ Karur Vysya Bank CORAM: HON'BLE MR. JUSTICE JASMEET SINGH O R D E R % 14.07.2026 1. This is a writ petition filed under Article 226 of the Constitution of India seeking the following prayers :- “a). pass a writ of mandamus or any other writ, direction or order appropriate in the circumstances of the case be issued, directing the Respondent no.2 to 4 bank to forthwith defreeze the following bank account of the petitioner and his company namely M/s Mishroo Construction Private Ltd.: i). Bank Account no.34764266551 in the individual name of Petitioner with State Bank of India, having its branch office at 11-A, Kamla Nagar, Delhi-110007. ii). Bank Account bearing A/c no. 4115135000006930, maintained with Respondent no.2 namely Karur Vysya Bank, having its branch office at Kamla Nagar, Delhi in the name of company of the Petitioner M/s Mishroo Construction This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 21/07/2026 at 11:17:17 Private Ltd. iii). Bank Account bearing A/c no. 6648883012, maintained with Respondent no.3 namely Kotak Mahindra Bank, having its branch office at Ashok Vihar, Delhi in the name of company of the Petitioner M/s Mishroo Construction Private Ltd. and permit the petitioner and his aforeasid company to operate their aforeasid bank accounts in accordance with law, in the interest of justice…” 2. Mr. Madanlal, the petitioner, has joined through video conferencing mode and has argued the matter. 3. The case of the petitioner is that the petitioner is a businessman and he is running a Private Limited company i.e. M/s Mishroo Construction Pvt. Ltd., having its office at 1857, Gali Ahiran, Malka Ganj, Delhi-110007, as the director. 4. The petitioner and his company are holding bank accounts with respondent Nos. 2, 3 and 4 banks. The details of the bank accounts are as following:- i) Bank Account No. 34764266551 in the individual name of petitioner with State Bank of India/respondent No. 4, having its branch office at 11-A, Kamla Nagar, Delhi-110007. ii) Bank Account No. 4115135000006930 in the name of petitioner’s company i.e., M/s Mishroo Construction Pvt. Ltd., maintained with Karur Vysya Bank/ respondent No. 2, having its branch office at Kamla Nagar, Delhi. iii). Bank Account No. 6648883012 in the name of This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 21/07/2026 at 11:17:17 petitioner’s company i.e., M/s Mishroo Construction Pvt. Ltd., maintained with Kotak Mahindra Bank/ respondent No. 3, having its branch office at Ashok Vihar, Delhi. 5. It is stated that one Mr. Sumit paid a sum of Rs. 10,00,000/- on 06.01.2025 in the account of the petitioner’s company bearing account No. 4115135000006930, maintained with respondent No. 2/Karur Vysya Bank, having its branch office at Kamla Nagar, Delhi. However, since the transaction did not fructify and the amount was returned. 6. The petitioner received a letter dated 07.02.2025 from respondent No. 2/Karur Vysya Bank intimating that on a basis of a cyber complaint through National Cyber Crime reporting portal, the transaction is disputed and the accounts of the petitioner was freezed. 7. Hence, the present petition. 8. My attention has been drawn to the counter affidavit on behalf of the respondent No. 3/ Kotak Mahindra Bank, wherein it has been stated as under:- “3. That the Answering Respondent respectfully submits that it had received a notice dated 10.03.2025 issued by the Government of Karnataka, Cyber Crime Police Station, District Police Office Compound, Ballari, Ballari District, Karnataka, under Sections 94 and 106 of the Bharatiya Suraksha Sanhita, 2023 and Section 2A of the Banker's Books Evidence Act, intimating that a crime had been registered against the Petitioner in relation to an alleged online transfer of fraudulent funds amounting to Rs. 5,00,000/-, bearing UTR/IMPS No. This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 21/07/2026 at 11:17:17 KVBLR52025010755949213 dated 07.01.2025. A true copy of the said notice dated 10.03.2025 is annexed herewith and marked as Annexure-A.” 9. The respondent No. 2/Karur Vysya Bank does not refer to the disputed amount. 10. Since as per the respondent No. 3/ Kotak Mahindra Bank, the disputed amount is Rs. 5,00,000/-, it is directed that subject to a lien on Rs. 5,00,000/- to be maintained on the account bearing No. 6648883012, maintained with respondent No. 3/ Kotak Mahindra Bank, having its branch office at Ashok Vihar, Delhi in the name of petitioner’s company i.e., M/s Mishroo Construction Private Ltd., the petitioner shall be permitted to operate all its other bank accounts, as mentioned above in paragraph No.4. 11. Additionally, the petitioner shall also be entitled to initiate process under the SOP of the RBI to seek defreezing of the amount of Rs. 5,00,000/-. 12. With these directions, the petition is disposed of, along with pending applications, if any. JASMEET SINGH, J JULY 14, 2026/sp This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 21/07/2026 at 11:17:17