- 1 - HC-KAR CNR: KAHC010424312026 NC: 2026:KHC:44202 WP No. 19419 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 17TH DAY OF AUGUST, 2026 BEFORE THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ WRIT PETITION NO. 19419 OF 2026 (GM-RES) BETWEEN: 1. IIFL FINANCE LIMITED IIFC HOUSE, SUN INFOTECH PARK ROAD, NO. 16 V PLOT NO. B23, THANE INDUSTRIAL AREA, WAGLE ESTATE, THANE, MAHARASHTRA - 400 604 (REPRESENTED BY AUTHORIZED REPRESENTATIVE, MS. JAHNVI SOMYA) REGISTERED UNDER COMPANIES ACT. … PETITIONER (BY SMT. PRIYANKA S. BHAT., ADVOCATE) AND: 1. STATE OF KARNATAKA THROUGH OFFICE OF THE ASSISTANT COMMISSIONER OF POLICE CYBER CRIME POLICE STATION, BENGALURU - 560 001 2. ICICI BANK LIMITED THROUGH ITS PRINCIPAL NODAL OFFICER, ICICI BANK LIMITED ICICI BANK TOWERS, BANDRA KURLA COMPLEX, MUMBAI - 400 051 3. LAKSHMY RAMAMURTY W/O VENGANELLUR VENKATESHWARA RAMAMURTHY AGED ABOUT 74 YEARS R/AT NO.1-F HVS APARTMENT 1 EDWARD ROAD, OFF-QUEENS ROAD SHIVAJI NAGAR, Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA - 2 - HC-KAR CNR: KAHC010424312026 NC: 2026:KHC:44202 WP No. 19419 of 2026 BENGALURU - 560 001 REPRESENTED BY GPA HOLDER … IMPLEADING VISHAL PATHANGE GOPALA RESPONDENT … RESPONDENTS (BY SRI. MOHAMMED JAFAR SHAH, AGA FOR R1, V/O DATED 01.07.2026; SRI FRANCIS XAVIER, ADVOCATE FOR R2; SMT. CHITHRALEKHA H.R., ADVOCATE FOR IMPLEADING R3 ON I.A.2/2026) THIS W.P. IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA, PRAYING TO QUASHING THE IMPUGNED ACTION OF THE R1'S NOTICE UNDER SECTION 94 AND 106 BNSS DTD 07.06.2026 (ANNEXURE-E) AND SUBSEQUENTLY, ISSUE A DIRECTION TO R2 (ICICI BANK) TO IMMEDIATELY RESTORE OPERATIONAL ACCESS TO THE PETITIONER'S CURRENT ACCOUNT BEARING NO. 000405162091 AND ETC. THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER: CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ ORAL ORDER 1. The petitioner is before this Court seeking for the following reliefs: A. Issue a writ in the nature of Certiorari, or any other appropriate writ, order, or directions, quashing the impugned actions of the Respondent No.1's Notice under Section 94 and 106 BNSS dated 07.06.2026 (Annexure E) and subsequently, issue a direction to Respondent No.2 (ICICI Bank) to immediately restore operational access to the Petitioner's current account bearing No.000105162091; - 3 - HC-KAR CNR: KAHC010424312026 NC: 2026:KHC:44202 WP No. 19419 of 2026 B. Award costs of these proceedings in favour of the Petitioner; C. Any other order(s) in view of aforesaid facts and circumstances to meet the end of justice. 2. An affidavit of compliance has been filed. The same is taken on record. 3. The said affidavit of compliance has been e-Notarised. Registrar (Judicial) is directed to bring the above to the notice of the Registrar General and Registrar (computers) to enable the implementation of e-Notarisation, if possible, in the filings to be made before this court and the District courts. 4. The matter having been referred to the Cyber Command, the debit freeze has been lifted and the lien has been reduced to an amount of ₹1,19,00,000/-. 5. Reserving liberty to the petitioner to raise a dispute on the GRM portal, as also to agitate any issue that the petitioner may have in the proceedings before the court seized of the criminal proceedings, the - 4 - HC-KAR CNR: KAHC010424312026 NC: 2026:KHC:44202 WP No. 19419 of 2026 petition stands disposed placing commendation and appreciation for Dr.Pranab Mohanty, Director General of Police, Sri.Francis Xavier, learned counsel appearing for ICICI Bank Limited and Sri.Mohammed Jafar Shah, learned AGA. 6. Registrar (Judicial) is directed to forward a copy of the above order to the Registrar General and Registrar (Computers) for necessary action. Sd/- (SURAJ GOVINDARAJ) JUDGE LN List No.: 4 Sl No.: 29