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2026 DAILYLAW 32862 (PNJ)

MORE EDGE PRIVATE LIMITED v. HDFC BANK LTD AND OTHERS

CWP/19865/2026 · 2026-07-22

Tribhuvan Dahiya

body2026

Judgment text

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CWP-19865-2026 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Sr. No.145 CWP-19865-2026 Date of Decision: 22.07.2026 More Edge Private Limited .... Petitioner Versus HDFC Bank and others ... Respondents CORAM: HON'BLE MR. JUSTICE TRIBHUVAN DAHIYA Present: Mr. Brijesh, Advocate, and Ms. Akansha, Advocate, for the petitioner. Mr. Nitin Thatai, Advocate, and Ms. Monika, Advocate, for respondent no.1 – Bank. TRIBHUVAN DAHIYA, J. (ORAL) The petition has been filed inter alia seeking a writ of mandamus directing the respondent Bank to defreeze/unblock the petitioner’s account bearing no.50200049466972, having IFSC code HDFC0001098. 2. Learned counsel for the Bank submits that the action to debit freeze the account has been taken pursuant to a notice issued to the Bank by the third respondent under Sections 94 and 106 BNSS in connection with an FIR bearing no.214 dated 07.04.2022, registered under Sections 409, 417, 420 IPC, and Section 66C of the Information Technology Act, 2000, at Police Station Yellapur, District Uttara Kannada, Karnataka. However, the exact amount in dispute or any particular objectionable transaction has not been mentioned therein. 3. In these circumstances, this Court finds no justification for the action to freeze the petitioner’s account altogether, and deems it appropriate MANINDER 2026.07.23 10:38 I attest to the accuracy and authenticity of this order/judgment CWP-19865-2026 2 to dispose of the petition with a direction to respondent Bank to defreeze/unblock the said account within three days of receiving a certified copy of this order. However, it shall be open for the Bank to take action with respect to any particular disputed transaction in case communication to that effect is received in future, only after complying with the Principles of Natural Justice and the applicable policy, guidelines or instructions. (TRIBHUVAN DAHIYA) JUDGE 22.07.2026 Maninder Whether speaking/reasoned : Yes/No Whether reportable : Yes/No MANINDER 2026.07.23 10:38 I attest to the accuracy and authenticity of this order/judgment