PAYMN ADVISORY PRIVATE LIMITED PULKIT RANJAN vs RESERVE BANK OF INDIA AND ORS. — WPA/5770/2026

Case under Banking Regulation Act Section NA. Disposed: Contested--DISPOSED on 06th May 2026.

CNR: WBCHCA0111722026

CASE DISPOSED

Next Hearing

12th March 2026

Filing Number

WPA/5634/2026

Filing Date

09-03-2026

Registration No

WPA/5770/2026

Registration Date

09-03-2026

Judge

HON'BLE JUSTICE KRISHNA RAO

Coram

HON'BLE JUSTICE KRISHNA RAO

Bench Type

Single Bench

Category

GROUP A (WRIT MATTERS) ( 1 )

Sub-Category

Residuary ( 26 )

Judicial Branch

MANDAMUS SECTION

Decision Date

06th May 2026

Nature of Disposal

Contested--DISPOSED

Acts & Sections

Banking Regulation Act Section NA

Petitioner(s)

PAYMN ADVISORY PRIVATE LIMITED PULKIT RANJAN

Respondent(s)

RESERVE BANK OF INDIA AND ORS.

Hearing History

Judge: HON'BLE JUSTICE KRISHNA RAO

12-03-2026

NEW MOTION

04-05-2026

URGENT MOTION 2

07-05-2026

MOTION

20-04-2026

URGENT MOTION 1

17-04-2026

URGENT MOTION 1

Orders

06-05-2026
HON'BLE JUSTICE KRISHNA RAO

The court allowed the petition and directed ICICI Bank to immediately defreeze Paymn Advisory Private Limited's current account, finding that the police froze the account without obtaining a court order as required under Sections 106-107 of BNSS. Despite receiving notice, police authorities failed to appear or produce any justification document for the freeze. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

The court allowed the petition and directed ICICI Bank to immediately defreeze Paymn Advisory Private Limited's current account, finding that the police froze the account without obtaining a court order as required under Sections 106-107 of BNSS. Despite receiving notice, police authorities failed to appear or produce any justification document for the freeze. This case analysis is maintained by casestatus.in based on publicly available court records.

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