The High Court of Madras dismissed a writ petition filed by Vis-ram Financial Services Ltd seeking to quash a police order regarding the freezing of petitioner's frozen accounts, noting the investigation was nearing completion.
None. Writ petition dismissed; connected miscellaneous petitions closed.
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 12.04.2019
CORAM:
THE HONOURABLE MR.JUSTICE G.K.ILANTHIRAIYAN
W.P.No.12685 of 2016 and W.M.P.Nos.11072 & 11073 of 2016
Vis-ram Financial Services Ltd Rep. by its Director, Srishti Credcendo, 24 Desika Road, Mylapore, Chennai 600 004 ... Petitioner
Vs.
1. State of Tamil Nadu,
Rep. by the Inspector of Police,
E.O.W.-II,
Guindy, Chennai – 600 032
2. National Securities Depository Ltd.
6A, 6 th Floor, Kences Towers,
No.1, Ramakrishna Street,
T.Nagar, Chennai 600 017 ... Respondents
PRAYER:
Writ Petition is filed under Article 226 of the Constitution of India to issue a writ of certiorari calling for the records relating to the order dated 29.09.2015 of the first Respondent and served on the second respondent on 28.09.2015 in respect of the demat accounts of the petitioner with the second respondent as set out in the Schedule hereunder and quash the same.
For Petitioner : Mr.Prakash Goklaney For Respondents : Mr.M.Mohamed Riyaz, Additional Public Prosecutor for R1
: No Appearance for R2
O R D E R
This Writ Petition has been filed praying to quash the order dated 29.09.2015 of the first Respondent in respect of the demat accounts of the petitioner.
2. The learned Government Advocate would submit that the
investigation in Crime No.5 of 2013 is almost completed and the first respondent police have only to file final report.
3. It is seen that in respect of Crime No.5 of 2013 the bank accounts of the petitioner have been freezed. As such against the said order, the petitioner has filed this petition. The learned Government Advocate has submitted that investigation is almost completed and respondent have only to file final report. Therefore, at this stage the prayer sought for by the petitioner cannot be considered. As such this writ petition is devoid of merits.
4. With the above observation, this Writ Petition is dismissed. Consequently, connected miscellaneous petitions are closed. No costs.
Sd/-
Assistant Registrar(AD IV)
//True Copy//
Sub Assistant Registrar
lok
To
1. The Inspector of Police,
E.O.W.-II,
Guindy, Chennai – 600 032
2. The Public Prosecutor,
High Court of Madras
+2cc to Mr.Prakash Goklaney, Advocate, S.R.No.36828
W.P.No.12685 of 2016
NMI(CO) CS/20/05/2019
Vis-ram Financial Services Ltd Rep. by its Director, Srishti Credcendo
State of Tamil Nadu Rep. by the Inspector of Police
National Securities Depository Ltd.
G.K.ILANTHIRAIYAN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
