Karnataka High Court
CRL.P/6783/2026 of AXIS BANK LTD., Vs THE STATE OF KARNATAKA on 24 August 2026
CNR: KAHC010320402026 NC: 2026:KHC:45428 CRL.P No. 6783 of 2026 IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 24TH DAY OF AUGUST, 2026 BEFORE THE HON'BLE MR. JUSTICE M.NAGAPRASANNA CRIMINAL PETITION NO. 6783 OF 2026 BETWEEN: 1. 1. AXIS BANK LTD., CARRYING ON THE BANKING BUSINESS
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IN THE HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 24TH DAY OF AUGUST, 2026
BEFORE
THE HON'BLE MR. JUSTICE M.NAGAPRASANNA
CRIMINAL PETITION NO. 6783 OF 2026
BETWEEN:
1.
1.
AXIS BANK LTD.,
CARRYING ON THE BANKING BUSINESS
UNDER THE BANKING REGULATION ACT, 1949,
INCORPORATED UNDER THE COMPANIES ACT, 1956
AND HAVING ITS REGISTERED OFFICE AT
'TRISHUL', 3RD FLOOR,
OPP: SAMARTHESHWAR TEMPLE,
LAW GARDEN, ELLIS BRIDGE,
AHMEDABAD - 380 006,
GUJARAT
AND HAVING ONE OF ITS BRANCH OFFICE AT
AXIS BANK LIMITED,
3RD FLOOR,
PLOT NO.25,
PUSA ROAD,
NEW DELHI - 110005
2.
AXIS BANK LIMITED,
GROUND FLOOR,
KHASRA NO.75,
KHATA NO.232,
VILLAGE GANESHPUR RAHMANPUR,
POST CHINHAT,
Digitally signed
by
PADMAVATHI B
K
Location: High
Court of
Karnataka
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TEHSIL AND DISTT.
LUCKNOW-22602
UTTAR PRADESH
3.
AXIS BANK LIMITED,
SAI ENCLAVE MORABADI ROAD
OPPOSITE TAGORE HILL
MORABADI RANCHI,
JHARKHAND
REPRESENTED BY ITS BRANCH HEAD,
MR. ROHIT TANDON
AGED ABOUT 49 YEARS,
ALSO AT:
S/O SHARDA SHANKER TANDON,
FLAT NO. 301,
SPARSH NIKUNJ APARTMENT
TIKAIT RAJ TALAB,
VTC LUCKNOW
PO, RAJAJIPURAM,
UTTAR PRADESH
…PETITIONERS
(BY SRI. UNNIKRISHNAN M., ADVOCATE)
AND:
1.
THE STATE OF KARNATAKA
BY CENTRAL CEN CRIME POLICE STATION,
CENTRAL DIVISION
BANGALORE DISTRICT.
HC-KAR
REPRESENTED BY SPP
HON'BLE HIGH COURT OF KARNATAKA,
BANGALORE 01.
2.
MR. SANJEEV K.P.
S/O. PURUSHOTHAMA RAJU K.R
AGED ABOUT 56 YEARS,
R/AT NO.518, 1ST FLOOR,
8TH MAIN,
NEAR SADASHIVANAGAR POST OFFICE,
SADASHIVANAGAR,
BENGALURU 560 080,
KARNATAKA.
…RESPONDENTS
(BY SMT. WAHEEDA M.M., HCGP FOR R1)
THIS CRL.P. IS FILED U/S 482 CR.PC (FILED U/S 528
BNNS) BY THE ADVOCATE FOR THE PETITIONER PRAYING
THAT THIS HONOURABLE COURT MAY BE PLEASED TO SET
ASIDE THE ORDER DATED 04.02.2026 PASSED BY THE
HONBLE 45TH A.C.J.M BENGALURU IN CR.NO.312/2025 I.E
ANNEUXER-C IN TERMS OF WHICH, THE PETITIONERS ARE
DIRECTED TO DEFREEZE THE SAVINGS/ CURRENT ACCOUNT
BEARING
A/C
NO.925020022534200,
A/C
NO.924020017792621
AND
A/C
NO.922020029063531
MAINTAINED IN THE PETITIONERS BANK AND TRANSFER THE
SAME TO THE ACCOUNT OF THE RESPONDENT NO.2 I.E S/B
A/C NO.50100288979078 HDFC BANK BENGALURU.
HC-KAR
THIS PETITION, COMING ON FOR ADMISSION, THIS DAY, ORDER WAS MADE THEREIN AS UNDER:
CORAM: HON'BLE MR. JUSTICE M.NAGAPRASANNA
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ORAL ORDER
Heard Sri Unnikrishnan M., learned counsel for the petitioner and Smt. Waheeda M.M., learned hCGP appearing for respondent No.1.
2. Learned counsel appearing for the petitioner submits that in all identical cases coordinate benches have allowed the petitions and remitted the matter back to the office of the learned Magistrate to permit the petitioner to file his objections with liberty to appear and then consider applications filed under Sections 451 and 457 of Code of Criminal Procedure, 1973.
3. I deem it appropriate to quote the orders so passed in Crl.P.No.1787/2023 dated 14.12.2023: "ORDER
The Petitioner which is a Financial Institution is before this Court challenging the order passed
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by 1st Additional Chief Metropolitan Magistrate on an application filed under Sections 451 and 457 of Cr.P.C. by the complainant/respondent No.2 directing the petitioner-Bank to defreeze the amount belonging to the accused and transfer the said amount to the bank account of the complainants/respondent No.2.
2. The petitioner’s concern is that the order passed by the Jurisdictional Magistrate cannot be executed because it surpasses the specified release amount, and numerous courts across the Country have issued directives to the investigating agencies to unfreeze the bank accounts of the accused therein.
3. Learned Special Public Prosecutor on instructions would suggest that the matter may be remanded to the Jurisdictional Courts to consider the application filed under Sections 451 and 457 of Cr.P.C. afresh, by affording an opportunity of hearing to the petitioner.
4. Admittedly, multiple cases are registered against the accused herein within the State and across the country and there are multiple orders passed by the Jurisdictional Magistrates directing the petitioner to unfreeze the account of the accused and transfer the amount to the bank account of the complainants. The passing of multiple orders has caused difficulty to the petitioner/bank in executing the said order, since the amount ordered to be released in some accounts exceeds the amount available in the subject accounts of the accused. Therefore, the learned Magistrate before passing an order directing the petitioner to unfreeze and transfer the amount to the accounts of the complainants, is required to hear the petitioner. Accordingly, I pass the following:
ORDER
i. Criminal Petition is allowed.
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ii. The order dated 26.11.2021 passed by the 1st Additional Chief Metropolitan Magistrate, Bengaluru in Cr.No.452/2021 is hereby set aside.
iii. Matter is remanded to 1st Additional Chief Metropolitan Magistrate, Bengaluru to reconsider the application filed under Sections 451 and 457 of Cr.P.C. afresh, after giving the opportunity of hearing to the petitioner.
iv. Till the application is disposed of, the petitioner/bank is restrained from releasing the money in favour of any person from the subject account."
In Crl.P.No.13487/2023 c/w. Crl.P.Nos. 10201/2023, 12091/2023, 13483/2023, 13489/2023, 13611/2023, 13627/2023, 13940/2023, 13955/2023, 98/2024, 128/2024, 356/2024, 357/2024 dated 12.02.2024: "7. Having heard the arguments of both side, perused the records. The Trial Courts have passed the impugned orders in these cases for de-freezing the accounts of the customers and releasing the amounts, without giving opportunity of hearing to the petitioner - Bank. If the orders of the Magistrate are not complied with, it amounts to violation of court order and they face contempt. Therefore, before de-freezing the accounts, it is necessary for the Trial Court to give opportunity to the petitioner of being heard in the matter and then pass appropriate orders since some of the customers do not have any amounts in their accounts and some of the customers are having lesser amount or zero balance. Hence, it is necessary for this Court to set aside the impugned orders with liberty to the petitioner to approach the
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various courts and after hearing the petitioner - Bank, the Courts can pass appropriate orders.
8. Accordingly, I pass the following:
ORDER
(i) These Criminal Petitions are allowed.
(ii) The impugned orders passed by the Trial Court given in the tabular form below are hereby set aside:
Sl. No. Crl. P. No. Impugned order dated Addl. Chief Metropolitan Magistrate CR. No.
13487/2023 17/02/2023 I A.C.M.M.
10201/2023 07/07/2023 C.J.M., BANGALORE RURAL DIST. Crl. Misc. No.177/2022
12091/2023 05/01/2023 II Addl. Sr. Civil Judge and JMFC Chikkaballapura CR. No.
13483/2023 13/10/2023 I A.C.M.M. CR. No.
13489/2023 11/08/2023 I A.C.M.M. CR. No.
13611/2023 30/09/2023 I A.C.M.M. CR. No.
13627/2023 12/04/2023 I A.C.M.M. CR. No.
13940/2023 18/07/2023 I A.C.M.M. CR. No.
13955/2023 15/08/2023 I A.C.M.M. CR. No.
08/08/2023 I A.C.M.M. CR. No.
24/07/2023 I A.C.M.M. CR. No.
31/07/2023 C.J.M., BANGALORE RURAL DISTRICT CR. No.
07/06/2023 I A.C.M.M. CR. No.
(iii) The Trial Court is directed to hear the petitioner and the respondents and dispose of the matters in accordance with law, afresh.
(iv) Till disposal of the cases by the Trial Court, the petitioner-Bank is restrained from releasing the
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amounts of de-freezed accounts of customers or complying the order of the Magistrate."
In the light of the orders passed by the coordinate benches as quoted hereinabove, as also same was being held in other cases, I deem it appropriate to dispose of this petition by passing the following:
ORDER
a. Criminal Petition is allowed.
b. The order dated 04.02.2026 passed by the 45th Additional Chief Judicial Magistrate, Bangalore in Cr.No.312/2025 is hereby set aside.
c. Matter is remanded to 45th Additional Chief Judicial Magistrate, Bangalore to reconsider the application filed afresh, after affording opportunity of hearing to the petitioner.
d. Till the application is disposed of, the petitioner/bank is restrained from releasing
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the money in favour of any person from the subject account.
e. In the light of the issue pending for such consideration, I deem it appropriate to direct the concerned Court to dispose the application so filed as expeditiously as possible, at any rate, within eight weeks from the date of receipt of copy of this order.
Ordered accordingly.
Sd/- (M.NAGAPRASANNA) JUDGE
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