Order 1

Order Details: Order Below EX 1
Pdf Text: Notice Case No. 85 N 2024 Prafulla Vs State and ors.
CNR-MHMM18-002840-2024
ORDER BELOW EXH.1
1. This is an application under Section 457 of Code of Criminal
Procedure for release of property.
2. As per applicant he was duped by unknown persons and they
fraudulently obtained from him the amount of Rs.1,70,62,500/-. At the
instance of applicant, the offence was registered with respondent Police
Station at C.R. No.197/2021. During investigation the bank accounts
mentioned in the present application was frozen by the respondent as the
part of the amount deposited by the applicant is lying in it.
3. The applicant is in need of said amount and hence filed the
present application. Say of the I.O. and Ld. A.P.P. was called. They have
no objection to handover the cash and requested for passing necessary
orders to that effect.
4. The incidence occurred since long back and since then matter is
pending. The amount paid by applicant remained unused. She is deprived
of it for no fault on her part. Investigation relating to the cash seems to be
completed. Therefore, application needs to be allowed and as such order -
ORDER
a. The application is allowed.
b. The concerned Nodal Officers of banks/branches, mentioned in
the Column Nos.1 to 3, of the following table are herewith directed to
transfer the amounts mentioned in the Column No.4, of the table, in an
account of applicant Hede Consultancy Company Private Limited,
bearing Account No.911020023802484, maintained with Axis Bank,
having its IFSC Code UTIB0000004, immediately.
BANK ACCOUNT NO. IFSC Code AMOUNT TO BE TRANSFERRED
AXIS BANK 920010070095191 UTIB0001145 11,28,787/-
CANARA BANK 0180101046040 CNRB0000180 9,41,407/-
HDFC BANK 50100387980511 HDFC0001976 10,000/-
Kotak Mahindra Bank 4645281466 KKBK0004578 5,30,000/-
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Notice Case No. 85 N 2024 Prafulla Vs State and ors.
CNR-MHMM18-002840-2024
Punjab National Bank 0614010169219 PUNB0657700 34,000/-
26,44,194/-
c. The concerned Investigating Officer shall also brought the
above order to the notice of concerned banks and request them to transfer
the amounts lying in those accounts, in an account maintained by the
applicant mentioned in the application, after executing indemnity bond of
Rs.27,00,000/- (Rupees Twenty Seven Lacs only) before respondent.
Sd/-
MUMBAI (KOMALSING RAJPUT)
DATE – 04.03.2024 M.M., 12TH COURT, BANDRA, MUMBAI
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