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Madras High CourtWP Crl./746/2025closed

Srinivasa Sitapavani Srikanth Mulakaluri v. The Reserve Bank Of India,

2025-09-22Honourable Mr Justice N. Sathish Kumar4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 22.09.2025

CORAM:

THE HON'BLE MR.JUSTICE N. SATHISH KUMAR Srinivasa Sitapavani Srikanth Mulakaluri ... Petitioner

Versus

1.The Reserve Bank of India rep. By its Regional Director, Fort Glacis, No.16, Rajaji Salai, Chennai -600 001

2. ICICI Bank rep. By its Branch Manager, LIC Colony, Velachery Branch, 100 Feet Road, Velachery Chennai - 600 042

3. Assistant Commissioner of Police, CEN Crime Police Station East Division, Broadway Road, Shivaji Nagar, Bangalore City - 560 051, State of Karnataka ... Respondents PRAYER : Writ Petition is filed under Article 226 of Constitution of India for issuance of a Writ of Mandamus directing the 2nd respondent to remove the lien in the petitioner's NRE Account - 00400 1040492 and NRO Account - 004001079474 - ICICI Bank, LIC Colony, 100 Feet Road, Velachery Chennai based on the petitioner's representation dated 29.07.2025 forthwith.

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For Petitioner : Mr.Subbu Ranga Bharathi For Respondents : Ms.Rita Chandrasekar for M/s Aiyar and Dolia for R1 Mr.S.Krishna Anthony Moses for M/s Acuity Law Associates for R2 Mr.R.Chandrasudan for R2 Mr.K.M.D.Muhilan for R3 Additional Public Prosecutor

O R D E R

The petitioner seeks a direction to the 2nd respondent to remove the lien in the petitioner's NRE Account - 00400 1040492 and NRO Account - 004001079474 - ICICI Bank, LIC Colony, 100 Feet Road, Velachery Chennai based on the petitioner's representation dated 29.07.2025 forthwith.

2. Heard the learned counsel appearing for the petitioner and the learned counsels appearing on behalf of the respondents and perused the documents placed on record.

3. The case of the petitioner is that he has received a sum of Rs.18 Lakhs from M/s Sajith Enterprises, Gujarat / Ex-staff. When the matter stood thus, on the basis of the complaint, a lien was created to the tune of 2/4

Rs.12.85 Lakhs and hence seeks to remove the same.

4. The learned counsel for the Bank would submit that as per the request made by the 3rd respondent / Police, Bangalore, the bank has now removed the lien for a sum of Rs.12.85 Lakh in the petitioner's account.

5. The same has been recorded. Hence no further orders are required and the present petition is closed. No costs. 22.09.2025 ssd To 1.The Reserve Bank of India rep. By its Regional Director, Fort Glacis, No.16, Rajaji Salai, Chennai -600 001

2. ICICI Bank rep. By its Branch Manager, LIC Colony, Velachery Branch, 100 Feet Road, Velachery Chennai - 600 042

3. Assistant Commissioner of Police, CEN Crime Police Station East Division, Broadway Road, Shivaji Nagar, Bangalore City - 560 051, State of Karnataka

4. The Public Prosecutor, High Court Madras.

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N. SATHISH KUMAR , J .

ssd 22.09.2025 4/4