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Madras High CourtWP/22558/2025withdrawn dismissed

Zetwerk Manufacturing Businesses P.Ltd v. Reserve Bank Of India

2026-07-01Honourable The Chief Justice,Honourable Mr.Justice G.Arul Murugan4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 01-07-2026

CORAM

THE HON'BLE MR.SUSHRUT ARVIND DHARMADHIKARI, CHIEF JUSTICE AND THE HON'BLE MR.JUSTICE G.ARUL MURUGAN and WMP No.25388 of 2025 Zetwerk Manufacturing Businesses P. Ltd Rep. By Its Authorised Signatory John Thaliath Having its Registered Office at No 461, Oriental Towers 17th Cross 4th Sector, 1st Floor, HSR Layout, Bangalore 560 102 Karnataka ..Petitioner(s) Vs

1. Reserve Bank Of India Fort Glacis, 16 Rajaji Salai, Chennai 600 001

2. The Banking Ombudsman Office Of Banking Ombudsman, Reserve Bank Of India Building, Fort Glacis, 16 Rajaji Salai, Chennai 600 001

3. HDFC Bank Limited Branch Office At No 768 And 769, 5 Floor, A Wing, Phase III, Spencer Plaza, Mount Road, Chennai 600 002 Tamil Nadu India ..Respondent(s) Writ Petition filed under Article 226 of the Constitution of India seeking a writ of certiorarified mandamus to call for the records of the impugned order, communicated by Respondent No. 2 vide email dated 14.05.2025 in the matter of the petitioner's complaint dated 13.12.2024 bearing reference No.RBI / CMS / N202425002019399 / 2024-25 filed under the Integrated Banking

Ombudsman Scheme, 2021 and to quash the same and to consequently, direct Respondent No.3 to immediately release the excess funds of INR 43,36,53,299.77 belonging to the petitioner held in Fixed Deposits with the Respondent No.3 Bank.

For Petitioner(s):

Mr.Harinarayanan For Respondent(s):

Mr.K.Mohammed Umar for R3

ORDER

(Order of the Court was made by The Chief Justice) Learned counsel appearing for the petitioner seeks permission of the court to withdraw the writ petition.

2. Accordingly, the writ petition is dismissed as withdrawn. No costs. The connected miscellaneous petition is closed. (SUSHRUT ARVIND DHARMADHIKARI, C.J.) (G.ARUL MURUGAN J.) 01-07-2026 Index: Yes/No Speaking/Non-speaking order ssk

To

1. Reserve Bank Of India Fort Glacis, 16 Rajaji Salai, Chennai 600 001

2. The Banking Ombudsman Office Of Banking Ombudsman, Resere Bank Of India Building, Fort Glacis, 16 Rajaji Salai, Chennai 600 001

3. HDFC Bank Limited Branch Office at No 768 and 769, 5 Floor, A Wing, Phase III, Spencer Plaza, Mount Road, Chennai 600 002 Tamil Nadu India

SUSHRUT ARVIND DHARMADHIKARI, C.J.

AND G.ARUL MURUGAN, J.

ssk 01-07-2026