Hdfc Bank Ltd Represented By Its Legal Manager Cinzia R C vs PRANA BUILDERS AND DEVELOPERS — 758/2025

Case under Payment of Settlement Systems Act Section 25 ,28. Disposed: Uncontested--AQUITTED on 16th March 2026.

ST - SUMMARY TRIAL

CNR: KLKN130012822025

Case disposed

e-Filing Number

18-12-2024

Filing Number

1205/2025

Filing Date

06-08-2025

Registration No

758/2025

Registration Date

13-10-2025

Court

Judicial First Class Magistrate Court 1 Kannur

Judge

5-Judicial First Class Magistrate No.1, Kannur

Decision Date

16th March 2026

Nature of Disposal

Uncontested--AQUITTED

Acts & Sections

Payment of Settlement Systems Act Section 25 ,28
Crl.MP/1/2026 Classification : Withdrawal Petition Section Hdfc Bank Ltd Represented By Its Legal Manager Cinzia R CPRANA BUILDERS AND DEVELOPERS

Petitioner(s)

Hdfc Bank Ltd Represented By Its Legal Manager Cinzia R C

Adv. AVINASH E.K

Respondent(s)

PRANA BUILDERS AND DEVELOPERS

Final Orders / Judgements

16-03-2026
Judgement

In case ST 758/2025, the Judicial First Class Magistrate Court in Kannur acquitted Prana Builders and Developers of charges under Sections 25 and 28 of the Payment of Settlement Systems Act. The court allowed HDFC Bank's application under Section 280 BNSS and subsequently acquitted the accused under the same provision, concluding the proceedings on March 16, 2026. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

In case ST 758/2025, the Judicial First Class Magistrate Court in Kannur acquitted Prana Builders and Developers of charges under Sections 25 and 28 of the Payment of Settlement Systems Act. The court allowed HDFC Bank's application under Section 280 BNSS and subsequently acquitted the accused under the same provision, concluding the proceedings on March 16, 2026. This case analysis is maintained by casestatus.in based on publicly available court records.

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