KMB MOTOR LLP M/S.MUTHUCHHARAN SUNDRESH, K. Subharitha,V. Kadhirvelu vs Managing director — WP/21436/2026

Case Summary: WP 21436/2026 Outcome: Petition allowed in part. Bank accounts de-frozen with conditions. The Madras High Court directed State Bank of India to de-freeze two bank accounts (petrol and electric vehicle accounts) of KMB Motor LLP that were frozen based on a letter from the deceased partner's legal heirs. The court found the bank wrongfully froze accounts without notice to the petitioners, violating RBI guidelines. The bank agreed to de-freeze accounts on condition that petitioners execute partnership reconstitution deed, loan security documents, and indemnity bonds. Case adjourned to 18.06.2026 for further proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.