Final Order 1

Order Details: Order Below EX 1
Pdf Text: Notice Case No. 509 N 2023 Gagandeep Vs State
CNR-MHMM18-008803-2023
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.15,57,213/-. At the
instance of applicant, the offence was registered with respondent Police
Station at C.R. No.105/2023. 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. He is deprived
of it for no fault on his 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 4, of the following table are herewith directed to
transfer the amounts mentioned in the Column No.5, of the table, in an
account of applicant Mr. Gagandeep Singh, bearing Account
No.032301532449, maintained with ICICI Bank, Lower Parel Branch,
Mumbai, having its IFSC Code icic0000323, immediately.
BANK BRANCH ACCOUNT NO. ACCOUNT HOLDER AMOUNT
TO BE
TRANSFERRED
ICICI Bank Mandapeta
IFSC Code -ICIC0003778
377805500131 Pedereddy Gangaraju Rs.2,00,000/-
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Notice Case No. 509 N 2023 Gagandeep Vs State
CNR-MHMM18-008803-2023
Punjab
National
Bank
Ichalkaranji, Maharashtra
IFSC Code - PUNB0762100
7621002100006647 Trimurti Tex And Mill Rs.6,00,000/-
YES Bank 060363300001277 Rs.2,00,000/-
Yes Bank Aundh, Pune, Maharashtra
IFSC Code - YESB0000412
041263400006357 Jai Ganesh Enterprise Rs.1,00,000/-
Yes Bank 023261900000996 Rs.4,0,8,542/-
Rs.15,08,542/-
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.15,50,000/- (Rupees Fifteen Lacs and Fifty Thousand only) before
respondent.
Sd/-
MUMBAI (KOMALSING RAJPUT)
DATE – 21.03.2024 M.M., 12TH COURT, BANDRA, MUMBAI
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