M/S ASPECT TECHNOLOGY THROUGH ITS PROPRIETOR LALIT v. PUNJAB NATIONAL BANK AND ANR
W.P.(C)/9473/2026 · 2026-09-18
Jasmeet Singh
Writ Petition (Civil)body2026
DailyLaw.ai
[ 2026 DAILYLAW 18735 (DEL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 18735 (DEL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
$~54 * IN THE HIGH COURT OF DELHI AT NEW DELHI # CNR No. DLHC010302502026 + W.P.(C) 9473/2026 & CM APPL. 44118/2026 M/S ASPECT TECHNOLOGY THROUGH ITS PROPRIETOR LALIT .....Petitioner Through: Dr. Nirmit Bhalla, Mr. Amit Singh, Mr. Vishal Madan, Mr. Yashvardhan, Advs. versus PUNJAB NATIONAL BANK AND ANR .....Respondents Through: Mr. R.K. Chauhan, Adv. CORAM:
HON'BLE MR. JUSTICE JASMEET SINGH O R D E R % 18.09.2026
1. The petitioner is a proprietorship concern maintaining current bank account bearing No. 1765002109014121 with the respondent Bank particularly its Branch located at Kailash Nagar, Delhi. 2. The account of the petitioner has been freezed and hence, the present petition has been filed. 3. Mr. Chauhan, learned counsel for the respondent Bank, has handed over the reply, which is taken on record, which shows the disputed amount in the petitioner’s account to of Rs. 4,90,000, Rs. 24,330/-, Rs. 20,000/-, Rs. 8,000/-, and Rs. 50,000/-. 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 21/09/2026 at 11:23:40
4. The freezing of the entire account for disputed transaction(s) is an action entailing serious consequences creating hardships for the petitioner as the petitioner is unable to carry out its daily business expenditures due to freezing of its account. The respondent bank cannot be permitted to take such a harsh measure without complying with the principles of natural justice and without any application of mind. 5. For the said reasons, I am of the view that the impugned action of account freezing in the present case is not only in clear violation of the principles of natural justice but also disproportionate and an arbitrary exercise of power thereby striking a blow at the fundamental rights of the petitioner. The impugned action is without due application of mind as an indiscriminate blanket freeze has been imposed on the accounts of the petitioner for an allegedly suspicious entry of a specific amount. Therefore, the action deserves to be set aside. 6. Since the disputed amounts is aggregating to Rs. 5,92,330/-, the entire bank account of the petitioner cannot be allowed to be frozen. 7. Subject to the respondent maintaining a lien on Rs.
5,92,330/-, the account of the petitioner shall be defreeze and the petitioner shall be permitted to operate the same. 8. Additionally, the petitioner is also permitted to take appropriate measures under the SOP for removal of lien on the amount of Rs. Rs. 5,92,330/-. 9. In this view of the matter, Mr. Bhalla, learned counsel for the petitioner, does not press the present writ petition with the liberty as 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 21/09/2026 at 11:23:40
aforesaid. 10. With these directions, the petition stands disposed of. 11. The affidavit handed over in Court today is taken on record. JASMEET SINGH, J SEPTEMBER 18, 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 21/09/2026 at 11:23:40