RAM KISHOR ARORA AND ORS vs ICICI BANK LIMITED AND ANR

IN THE HIGH COURT OF DELHI AT NEW DELHI Date of Decision: 10th March, 2025 W.P.(C) 3035/2025 &CM APPL. 14346-14347/2025 RAM KISHOR ARORA AND ORS .....Petitioner Through: Mr. Saurabh Kripal, Sr. Advocate. Mr. Jayashree Shukla Dasgupta with Mr. Rishika Ahuja and Mr. Shivam Nayyar, Advocates. versus ICICI BANK LIMITED AND ANR .....Respondent Through: Mr. Sameer Parekh with Mr. Sumit Goel, Ms. Sreeparna B, Ms. Swati Bhardwaj and Ms. Aditi, Advocates. Mr. Akshit Gupta, Advocate for R-2 CORAM: HON'BLE MR. JUSTICE MANOJ JAIN J U D G M E N T (oral) 1. The challenge in the present petition is to the manner in which the accounts of petitioners have been classified as “fraud” on 05.01.2024. 2. It seems that feeling aggrieved by the abovesaid order, the petitioners had, earlier, knocked the doors of the High Court of Judicature at Bombay but such writ petition i.e. W.P(C) No. 4344/2024 was disposed of on 31.01.2025 on the limited point of jurisdiction and, simultaneously, the petitioners were granted liberty to file petition afresh before the appropriate Court of jurisdiction. While disposing of such petition, the respondent Bank had also submitted before the Bombay High Court that it would ha