Disposed¶26

Health Zone Pharma v. the State of Gujarat

Karnataka HC24 Mar 2025WP/30566/2024

Case brief

AI extract

What is this about?

Health Zone Pharma v. State of Gujarat (Bharuch Police) and Indian Bank - Karnataka HC writ petition (GM-RES) under Articles 226/227 seeking de-freezing of Indian Bank current account No. 7714241968 frozen in connection with a cyber money-trail investigation, with lien marking on Rs. 470 (money trail layer no. 3, NCCRP/CFCFRMS acknowledgment no. 31103240043455); account defreezed pursuant to interim order; grievance redressed; petition disposed as withdrawn on 24-03-2025 by M. Nagaprasanna J.; no merits ruling.

What did the court decide?

Petition permitted to be withdrawn; the grievance stood redressed by defreezing of the account pursuant to the interim order granted earlier. ¶26

Health Zone Pharma Vs the State of Gujarat — Company and Corporate | Karnataka HC (2025)

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NC: 2025:KHC:12377 WP No. 30566 of 2024

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24^TH DAY OF MARCH, 2025

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BEFORE

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THE HON'BLE MR JUSTICE M.NAGAPRASANNA WRIT PETITION NO. 30566 OF 2024 (GM-RES)

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BETWEEN:

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HEALTH ZONE PHARMA, PID NO. 36-133-84, GROUND FLOOR, 2^ND CROSS, PATTEGAAR PALYA MAIN ROAD, VIJAYANAGAR, SRINIVASA NAGAR, PHONE: 8050044881, BANGALORE, KARNATAKA - 560 072.

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…PETITIONER

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(BY SRI. NANDEESH, ADVOCATE)

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AND:

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Digitally signed by NAGAVENI Location: High Court of Karnataka

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THE STATE OF GUJARAT, REPRESENTED BY S.H.O/INVESTIGATION OFFICER, BHARUCH POLICE STATION, BHARUCH, GUJARAT, INDIA - 392 001, TELEPHONE NO. 6359626690, EMIAL: [email protected].

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THE INDIAN BANK, A BANKING COMPANY, CARRYING ON THE BANKING BUSINESS UNDER THE BANKING REGULATION ACT, 1949. INCORPORATED UNDER THE COMPANIES ACT, 1956, REPRESENTED BY BRANCH MANAGER, PRASHANTH NAGAR, NO.11,

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NC: 2025:KHC:12377 WP No. 30566 of 2024

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PRASHANTH NAGAR CIRCLE, IFSC CODE: IDIB00S105, BANGALORE, KARNATAKA, INDIA - 560 040.

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…RESPONDENTS

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THIS WP IS FILED UNDER ARTICLES 226 AND 227 OF THE CONSTITUTION OF INDIA PRAYING TO DIRECT THE RESPONDENT-2 TO DE FREEZE PETITIONER INDIAN BANK CURRENT ACC NO. 7714241968 AND MARK LIEN A SUM OF RS. 470 WHICH THE PETITIONER BANK IS RECEIVED THROUGH MONEY TRIAL LAYER NO.3 WHICH IS MENTIONED IN (NCCRP)/CFCFR AND MS ACKNOWLEDGMENT NO 31103240043455 AND PERMIT THE PETITIONER TO OPERATE ABOVE HIS BANK AND ETC.,

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THIS PETITION, COMING ON FOR ORDERS, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

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CORAM: HON'BLE MR JUSTICE M.NAGAPRASANNA

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ORAL ORDER

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Learned counsel appearing for the petitioner submits that he has served the respondents by way of hand summons and further submits that pursuant to the interim order granted, the grievance of the petitioner has been redressed by defreezing the account.

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NC: 2025:KHC:12377 WP No. 30566 of 2024

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In the light of the said defreezement of the account on the interim order so granted, the learned counsel for the petitioner seeks leave of this Court to withdraw the petition.

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Accordingly, the petition is thus disposed as withdrawn.

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Sd/(M.NAGAPRASANNA)

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JUDGE

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JY List No.: 1 Sl No.: 78 CT: BHK

Health Zone Pharma v. the State of Gujarat

Case brief

What is this about?

What did the court decide?

Health Zone Pharma v. the State of Gujarat

Case brief

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