BHAVYA SINGH vs RESERVE BANK OF INDIA & ORS.

Judgment text excerpt

$~2 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision:20th January, 2025 + W.P.(C) 4023/2024 BHAVYA SINGH .....Petitioner Through: Mr. Anurag Srivastava with Mr.Ashish Dabas, Advocates. versus RESERVE BANK OF INDIA & ORS. .....Respondents Through: Mr. Abhinav Sharma with Mr. Dipan Sethi and Mr. Snehashish Bhattacharya, Advocates for respondent No.1. Mr. Arkaj Kumar, Standing Counsel for ED with Mr. Aakarsh Mishra, Mr. Ishank Jha and Ms. Viashnavi Bhargava, Advocates (through V.C.) Ms. Sreeparna Basak with Ms. Aditi, Advocates for Respondent No. 2/ICICI Bank (through V.C.) CORAM: HON'BLE MR. JUSTICE MANOJ JAIN J U D G M E N T (oral) W.P.(C) 4023/2024 & CM APPL. 1978/2025 (early hearing) 1. Petitioner is running a business of clothes under the name and style of “KUDOS”. 2. For the smooth working of her business, she also opened a current account in the name of KUDOS. Such current account bearing No. 057105001291 was opened with ICICI Bank at its branch situated at Palam Extension, Dwarka, Sector – 7, New Delhi. 3. According to the petitioner, in January, 2022, the petitioner learnt that her above said current account had been frozen, rendering Signature Not Verified Digitally Signed W.P.(C) 4023/2024 1 By:SONIA THAPLIYAL Signing Date:21.01.2025 15:25:37 her incapable to withdraw or transfer any amount from her above said current account. She sent a communication to the customer care of ICICI Bank and also to the Ombudsman seeking redressal of her grievance, but to no avail. 4. According to the petitioner, her account had been frozen as per some communication received from Directorate of Enforcement (ED) but according to her, there was no reason for ED to have frozen her account. According to her, she is not involved in any kind of investigation, much less a cri