Disposed¶36

Cashfree Payments India Private Limited v. the State of Karnataka

Karnataka HC10 Jul 2026WP/14/2026

Case brief

AI extract

What is this about?

Karnataka HC, Suraj Govindaraj J., 10-07-2026, WP No. 14 of 2026 (GM-RES): Cashfree Payments India Pvt Ltd v. State of Karnataka (Hulimavu PS), Commissioner of Police Bengaluru City and Axis Bank Ltd; debit freeze of primary escrow account 918020014406298 under S.94 r/w S.106 BNSS 2023 pursuant to Crime No.378/2025; defreezing/lien claim to be agitated before IX Additional Chief Judicial Magistrate, Bengaluru; petition disposed, no interim relief, writ forum declined.

What did the court decide?

No substantive relief; liberty reserved to the petitioner to seek defreezing/lifting of the lien and to raise all contentions before the learned Magistrate in the proceedings arising from Crime No. 378/2025. ¶36

Cashfree Payments India Private Limited Vs the State… — Company and Corporate | Karnataka HC (2026)

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NC: 2026:KHC:35835 WP No. 14 of 2026

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HC-KAR

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IN THE HIGH COURT OF KARNATAKA AT BENGALURU

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DATED THIS THE 10^TH DAY OF JULY, 2026

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BEFORE

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THE HON'BLE MR. JUSTICE SURAJ GOVINDARAJ

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WRIT PETITION NO. 14 OF 2026 (GM-RES)

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BETWEEN:

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CASHFREE PAYMENTS INDIA PRIVATE LIMITED A COMPANY REGISTERED UNDER COMPANIES ACT 2013 CIN NO U72900KA2015PTC082987 HAVING ITS REGISTERED OFFICE 10^TH FLOOR, BUILDING 7, ECO WORLD, SARJAPUR, MARATHAHALLI OUTER RING ROAD BENGALURU 560 103 EMAIL ID [email protected] REP BY ITS AUTHORIZED SIGNATORY MR MOHAMAD JAMAL SAIT MANAGER-LEGAL

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…PETITIONER

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(BY SRI. ABHISHEK K., ADVOCATE)

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AND:

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Digitally signed by SHWETHA RAGHAVENDRA Location: HIGH COURT OF KARNATAKA

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THE STATE OF KARNATAKA HULIMAVU POLICE STATION, ELECTRONIC CITY SUB DIVISION B G ROAD BENGALURU 560076

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THE COMMISSIONER OF POLICE BENGALURU CITY BENGALURU INFANTRY ROAD BENGALURU 560001

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AXIS BANK LIMITED KT BRANCH UPPER GROUND FLOOR, NO.45/004, MOTATI MEADOWS APARTMENTS,

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NC: 2026:KHC:35835 WP No. 14 of 2026

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HC-KAR

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OLD MADRAS ROAD, C.V.RAMAN NAGAR, BANGALORE 560093

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…RESPONDENTS

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(BY SRI. MOHAMMED JAFAR SHAH., AGA FOR R1 & R2; SRI. FRANCIS XAVIER., ADVOCATE FOR R3)

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THIS WRIT PETITION IS FILED UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA PRAYING TO ISSUE A WRIT IN THE NATURE OF CERTIORARI OR ANY OTHER APPROPRIATE WRIT, ORDER OR DIRECTION QUASHING ORDER/NOTICE DATED 27.12.2025, ANNEXED AS ANNEXURE-A, ISSUED BY RESPONDENT NO. 1 TO RESPONDENT NO. 3 PURPORTEDLY UNDER SECTION 94 READ WITH SECTION 106 OF THE BHARATIYA NAGARIK SURAKSHA SANHITA, 2023, INSOFAR AS IT DIRECTS THE DEBIT FREEZE OF THE PETITIONER COMPANY'S PRIMARY ESCROW BANK ACCOUNT BEARING NO. 918020014406298, MAINTAINED WITH AXIS BANK AND ETC.

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THIS WRIT PETITION, COMING ON FOR PRELIMINARY HEARING, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:

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CORAM: HON'BLE MR. JUSTICE SURAJ GOVINDARAJ

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ORAL ORDER

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The petitioner is before this Court seeking for the following reliefs:

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a) Issue a writ in the nature of certiorari or any other appropriate writ, order of direction, quashing the impugned order/notice dated 27.12.2025, annexed as Annexure-A, issued byRespondent No. 1 to Respondent No. 3 purportedly under Section 94 read with Section 106 of the Bharatiya Nagarik Suraksha Sanhita, 2023, insofar as it directs the debit freeze of the Petitioner Company's Primary Escrow Bank Account bearing No. 918020014406298, maintained with Axis Bank.

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NC: 2026:KHC:35835 WP No. 14 of 2026

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HC-KAR

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b) Issue a writ in the nature of Mandamus or any other appropriate writ, order, or direction directing Respondent No. 3 Axis Bank to forthwith lift the debit freeze imposed on the Petitioner Company's Primary Escrow Bank Account bearing No. 918020014406298, pursuant to the quashing of the impugned notice dated 27.12.2025.

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c) Pass such other and further orders as this Hon'ble Court may deem fit and proper in the interest of justice and equity.

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Freezing of the account of the petitioner is on account of Crime No.378/2025 registered by the Hulimavu Police Station, Electronic City Sub-Division, which is now pending on the file of the IX Additional Chief Judicial Magistrate, Bengaluru, any claim for defreezing and/or lifting the lien would have to be agitated in those proceedings.

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Reserving liberty to the petitioner to do so, the petition stands disposed .

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The petitioner would be free to raise all contentions before the learned Magistrate.

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Sd/(SURAJ GOVINDARAJ) JUDGE

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KTY/List No.: 2 Sl No.: 3

Cashfree Payments India Private Limited v. the State of Karnataka

Case brief

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Cashfree Payments India Private Limited v. the State of Karnataka

Case brief

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