High Court of DelhiW.P.(C)/9660/2023

Desert River Capital Private Limited & ORS. v. Directorate Of Enforcement

2024-03-15Hon'Ble Mr. Justice Subramonium Prasad2 pages

$~51 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 9660/2023 DESERT RIVER CAPITAL PRIVATE LIMITED & ORS.

..... Petitioners Through:

Mr. Anirudh Bakhru, Mr. Sidhartha Barua, Mr. Akash Mohan Srivastav, Ms. Pragya Choudhary, Mr. Vijay Laxmi Rathi, Mr. Umang Tyagi, Advocates versus DIRECTORATE OF ENFORCEMENT ..... Respondent Through:

Mr. Ravi Prakash, CGSC with Mr.

Ali Khan, Advocate.

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD

O R D E R

% 10.04.2024 CM APPL. 21702/2024 This application has been filed by the Petitioners seeking direction to the Respondent to release/defreeze the De-Mat Accounts of the Petitioners in view of the fact that the provisional attachment Order, the final confirmation Order and the ECIR against the Petitioners have been set aside. In view of the fact that the provisional attachment Order, the final confirmation Order and the ECIR have been set aside, this Court is inclined to allow the present application.

The Respondent is directed to release/defreeze the De-Mat Account and the securities of the Petitioners within four weeks from today. Let the The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 15/04/2024 at 12:03:47

De-Mat Accounts and the securities of the Petitioners be released/defreezed on or before 08.05.2024.

The application is disposed of.

SUBRAMONIUM PRASAD, J APRIL 10, 2024 Rahul The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 15/04/2024 at 12:03:47