Date of reserved for orders : - Date of pronouncement : 29-09-2026 Date of uploading : 29-09-2026 APHC010514852023 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3604] TUESDAY, THE 29th DAY OF SEPTEMBER 2026 PRESENT THE HONOURABLE SMT JUSTICE SUNITHA GANDHAM WRIT PETITION NO: 26644 OF 2023 Between: 1. THE BRANCH MANAGER/FOREMAN, YALAMANCHILI BABU RAJENDRA PRASAD, S/O. APPARAO, AGED 62, VISAKHAPATNAM BRANCH, MARGADARSI CHIT FUNDS PVT. LTD., VISAKHAPATNAM, VISAKHAPATNAM DISTRICT. 2. MARGADARSI CHIT FUNDS PVT. LTD.,, A COMPANY INCORPORATED UNDER THE PROVISIONS OF THE COMPANIES ACT, 1956, REP. BY ITS AUTHORIZED SIGNATORY, YALAMANCHILI BABU RAJENDRA PRASAD, S/O. APPARAO, AGED 62, BRANCH MANAGER, VISAKHAPATNAM BRANCH, VISAKHAPATNAM, VISAKHAPATNAM DISTRICT. ...PETITIONER(S) AND 1. THE STATE OF ANDHRA PRADESH, HOME DEPARTMENT, REP. BY ITS PRINCIPAL SECRETARY, SECRETARIAT BUILDINGS, VELAGAPUDI, AMARAVATI. 2. THE COMMISSIONER OF POLICE, VISAKHAPATNAM POLICE COMMISSIONERATE, VISAKHAPATNAM DISTRICT. 3. THE STATION HOUSE OFFICER, II TOWN POLICE STATION, VISAKHAPATNAM DISTRICT. 4. THE SUBINSPECTOR OF POLICE, II TOWN POLICE STATION, VISAKHAPATNAM DISTRICT. 5. THE UNION BANK OF INDIA, REP. BY ITS BRANCH MANAGER, VISAKHAPATNAM MAIN BRANCH, DABAGARDENS, 2 SUN, J WP_26644_2023 VISAKHAPATNAM DISTRICT. 6. THE BRANCH MANAGER, THE UNION BANK OF INDIA, VISAKHAPATNAM MAIN BRANCH, DABAGARDENS, VISAKHAPATNAM DISTRICT. ...RESPONDENT(S): Petition under Article 226 of the Constitution of India praying that in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to may be pleased to issue a writ, order or direction more particularly one in the nature of WRIT OF MANDAMUS, impugning the action of the 4th respondent Sub-Inspector of Police and 5th and 6th respondents Union Bank of India in freezing the bank accounts of the petitioners Margadarsi Chit Funds Pvt. Ltd., Visakhapatnam Branch, vide Account Nos. (1) 328901010023011, (2) 328901010023070 and (3) 328901010036673 of Union Bank of India, Visakhapatnam Main Branch, Dabagardens in connection with Crime No. 208 of 2023 of II Town Police Station, Visakhapatnam by issuing a notice U/s. 102 Cr.P.C. as the same is contrary to law, illegal, arbitrary, against the principles of natural justice and without jurisdiction or authority and to pass such IA NO: 1 OF 2023 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased may be pleased to direct the respondents to de-freeze the accounts of the petitioners Margadarsi Chit Funds Pvt. Ltd., Visakhapatnam Branch, vide Account Nos. (1) 328901010023011, (2) 328901010023070 and (3) 328901010036673 of Union Bank of India, Visakhapatnam Main Branch, Daba gardens by suspending the undated notice issued U/s. 102 Cr.P.C. by the 4th respondent, Sub-Inspector of Police in connection with Crime No. 208 of 2023 of II Town Police Station, Visakhapatnam, pending disposal of the writ petition and to pass such Counsel for the Petitioner(S): 1. P SAI SURYA TEJA Counsel for the Respondent(S): 1. GP FOR HOME The Court made the following: 3 SUN, J WP_26644_2023 HON’BLE SMT. JUSTICE SUNITHA GANDHAM WRIT PETITION NO: 26644 OF 2023 ORDER: Learned counsel for the petitioners submitted that they have filed a memo stating that the proceedings in crime No.208 of 2023 of II Town Police Station, Visakhapatnam are closed and the cause in the writ petition does not survive. Learned counsel for the petitioners submitted that this Writ Petition may be dismissed as infructuous. 2. Recorded the submission of the learned counsel for the petitioners. Memo shall form part of the record. 3. In the result, this Writ Petition is dismissed as infructuous. There shall be no order as to costs. As a sequel thereto, pending miscellaneous petitions, if any, shall stand closed. _____________________ SUNITHA GANDHAM, J 29.09.2026 knl