Madras High Court

WP/39604/2026 of Aishwarya J Vs THE RESERVE BANK OF INDIA on 8 October 2026

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WP No. 39604 of 2026

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED: 08-10-2026

CORAM

THE HON'BLE MS. JUSTICE P.T. ASHA

WP No. 39604 of 2026

CNR:{HCMA012060652026}

AND

WMP NO. 44513 OF 2026

1. Aishwarya J

W/o. Arun Kumar

E303, Majestic Shore Apartments

No. 208, Choolaimedu High Road,

Choolaimedu, Chennai - 600 094.

2. Arun Kumar

S/o. Kumaresan

E303 Majestic Shore Apartments

No. 208, Choolaimedu High Road,

Choolaimedu, Chennai - 600 094.

..Petitioners

Vs

1. The Reserve Bank of India

Rep. by its Regional Director

Fort Glacis,

Chennai - 600 001.

2. HDFC Bank Limited

Rep. by its Branch Manager

Ground and Basement Floor

Sai Towers, 370 Arcot Road

Kodambakkam, Chennai - 600 024.

3. ICICI Bank Limited

Rep. by its Branch Manager

T.Nagar Branch,

No.7, Bazullah Road

T.Nagar, Chennai - 600 017.

..Respondents

WP No. 39604 of 2026

PRAYER : Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus directing the 1st respondent namely the Reserve Bank of India to direct the 2nd respondent i.e. HDFC Bank Limited and the 3rd respondent i.e.,ICICI Bank Limited, to forthwith de-freeze and restore full and unrestricted operation of the following bank accounts of the petitioners: (i) HDFC Bank Savings Account No. 99909940626450, standing in the name of the 1st petitioner, Mrs.Aishwarya, (ii) ICICI Bank Savings Account No.278901000657, standing in the name of the 1st petitioner, Mrs.Aishwarya, and (iii) ICICI Bank Savings Account No.000901525790 standing in the name of the 2nd petitioner, Mr.Arun Kumar; and consequently direct the 2nd and 3rd respondents to remove all freeze, hold, lien or other restrictions imposed upon the aforesaid accounts and permit the petitioners to operate the said accounts without any impediment in terms of the final Arbitral Award dated 04.02.2025

and pass orders.

For Petitioners:

Ms.R.Preetha

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ORDER

The learned counsel appearing for the petitioners seeks leave of this Court to withdraw the writ petition as the petitioners' remedy is only under Arbitration and not by way of writ petition under Article 226 of the Constitution of India. She has also made an endorsement in the case bundle.

WP No. 39604 of 2026

2. Recording the submissions of the learned counsel for the petitioner and the endorsement so made, the writ petition is dismissed as withdrawn. No costs. Consequently, connected miscellaneous petition is closed. 08-10-2026 Index: Yes/No Speaking/Non-speaking order Neutral Citation: Yes/No DS

WP No. 39604 of 2026

To:

1. The Regional Director Reserve Bank of India Fort Glacis, Chennai - 600 001.

2. The Branch Manager HDFC Bank Limited Ground and Basement Floor Sai Towers, 370 Arcot Road Kodambakkam, Chennai - 600 024.

3. The Branch Manager ICICI Bank Limited T.Nagar Branch, No.7, Bazullah Road T.Nagar, Chennai - 600 017.

WP No. 39604 of 2026

P.T.ASHA J. DS WP No. 39604 of 2026 AND WMP NO. 44513 OF 2026 08-10-2026

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