2022 (9) TMI 1435 - HC - Money Laundering

Seeking defreezing of Bank Accounts of petitioner - HELD THAT - In view of the matter the Court leaves it open to the petitioner to bring the aforesaid facts to the attention of the concerned Financial Institution. The Financial Institution shall proceed further in terms of the order of 01 September 2022. The Court further reserves liberty to the petitioner to approach in case further directions are warranted. List on 02.11.2022.

Summary

Issues:
1. Accommodation request for writ petition hearing
2. Grievance regarding non-operation of bank accounts despite court order

Accommodation Request for Writ Petition Hearing:
In a writ petition hearing, the learned Senior Counsel for the petitioner, along with the Senior Standing Counsel for the Enforcement Directorate, made a joint request for accommodation. The court, acceding to the request, scheduled the next hearing for 02.11.2022.

Grievance Regarding Non-Operation of Bank Accounts Despite Court Order:
During another writ petition hearing, the Senior Counsel for the petitioner raised a grievance about the petitioner's bank accounts not being allowed to operate despite a previous court order. The counsel for the Enforcement Directorate informed the court that the concerned bank had been informed about the court's interim order via email. The court directed the petitioner to inform the financial institution about the court order and granted liberty to approach the court again if needed. The matter was listed for further hearing on 02.11.2022.