Santosh Kumar Jaiswal v. Reserve Bank Of India And ORS.

19-05-2025 Item No.23 Subrata Bhattacharyya IN THE HIGH COURT AT CALCUTTA Constitutional Writ Jurisdiction Appellate Side AR(C) WPA No.24286 of 2024 Santosh Kumar Jaiswal -vsReserve Bank of India & Ors.

Mr. Rajarshi Kundu Ms. Bhagyashree Dey ...for the petitioner Mr. Sayak Ranjan Ganguly Ms. Srijani Ghosh Ms. Indrani Majumdar ...for Yes Bank Ms. Varsha Bagri ...for respondent no.6 1.

Learned counsel for Yes Bank submits, upon instructions, that the subject sum was admittedly credited in the bank account of the sixth respondent erroneously. The money is not of the sixth respondent but the same belongs to the petitioner.

2.

The sixth respondent is currently in liquidation. The liquidator has been heard virtually. The liquidator is not aware as to whether the money was actually credited in the bank account of the sixth respondent.

3.

As it appears that the bank has confirmed that the money was erroneously credited in the bank account of the sixth respondent, accordingly, the bank is directed to refund the said amount to the petitioner. The official liquidator will act in coordination with the bank to ensure that the money which the petitioner is rightly entitled to is returned in his bank account without any

unnecessary delay. The money should positively be credited in the account of the petitioner by June 30, 2025.

4.

With the above, the writ petition is disposed of. 5.

All parties are to act on the server copy of this order duly downloaded from the official website of this court.

6.

Certified copy of this order, if applied for, shall be made available to the parties.

[Amrita Sinha, J]