M/S R K Export through Mr Rishit M Shah v. Union of India and Ors.
Case brief
What is this about?
Bombay High Court, Criminal Writ Petition 2359 of 2025, decided 6 May 2025 (Kulkarni & Sethna, JJ.). Petitioner M/s. R K Export (through Rishit M. Shah), represented by Brijesh Pathak; Union of India represented by H.S. Venegavkar with Aayush Kedia; Deputy Director, ED present in court. On instructions, counsel for respondent no.2 stated, consistent with the Court's order dated 5 May 2025, that the petitioner's current account with IndusInd Bank (respondent no.3) could be operated while the Fixed Deposits remain frozen. Court accepted the statement, found further adjudication unnecessary, kept all contentions open, reserved liberty to seek relief regarding the Fixed Deposits, and disposed of the petition with no costs. No statute or precedent cited; no impugned order identified in the text.
What did the court decide?
Current account of the petitioner with IndusInd Bank (respondent no.3) permitted to be operated; Fixed Deposits to continue to remain frozen; all contentions kept open; liberty to adopt appropriate proceedings for relief in respect of the Fixed Deposits; no costs.