2024 1131056, dated 3O.O1.2O24 stating that during the course of regular monitoring and surveillance of trading in the F&O segment by NSEIL, it had observed th at certain transactions in equity derivative contracts were executed by the petitioner through the trading applical.ion with respondent No.3 as suspicious tralsactions. On the request of respondent No.3, respondent No.2 initiated proceedings to freeze the account of the petitioner. The grievance of the petitioner is that soon a-fter receipt of the said notice/letter, the petitioner submitted a detailed representation dated O3.O3.2O24 and 18.03.2024, stating that the petitioner has not been involved in any suspicious transactiorrs in the trading of F&O and further stated that before freezing the account of the petitioner, no notice or enquiry has been conducted, and therefore, the action of the respondents in issuing notice and consequently freezing the account is illegal and requested the respondents to defreeze the account of the petitioner and release the account. Further grievance of the petitioner is that even after receipt of the said explanation and reminders, dated O3.O3.2O24, Ia.O3.2O24, 25.04.2024 and 21.O5.2O24 submitted by the petitioner, the respondents are not defreezing the petitioner trading accoUlt ofhce Code- -
