Bombay High Court
PA DAIRY SOLUTIONS PVT. LTD.versusSURYODAY SMALL FINANCE BANK LIMITED
- Decided
- Disposal
- DISPOSED OFF
Holding
The bank must communicate in writing the exact reason and any supporting material for freezing the petitioners' account within 15 days.
Summary
The petitioners, PA Dairy Solutions Pvt. Ltd. and another, filed a writ petition alleging that Suryoday Small Finance Bank had frozen their account without providing any reason. The petitioners sought a written disclosure of the grounds for the freeze to enable them to take appropriate legal steps. The bank contended it would inform the petitioners of the exact reason and any statutory order within 15 days via email. The Court directed the bank to communicate the basis and supporting material for the account freeze in writing within 15 days and declined any extension of time. With these directions, the Court disposed of the writ petition, leaving the petitioners free to pursue any further remedy upon receiving the information.
Issues considered
- What is the bank's obligation to disclose the reasons and supporting material for freezing a customer's account under law?
Subjects
- account freezing
- banking law
- right to information
- writ petition
- procedural fairness
Judgment
TRUPTI
SADANAND
BAMNE
Digitally signed by
1 89-wp-3818-2026.odt
TRUPTI SADANAND
BAMNE
Date: 2026.08.28
17:03:42 +0530
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
WRIT PETITION NO. 3818 OF 2026
PA Dairy Solutions Pvt. Ltd. & Anr. … Petitioners
versus
Suryoday Small Finance Bank Limited & Ors. … Respondents
……
Mr.Rajiv Shakdher, Senior Advocate with Mr.Jayesh Rathod and
Mr.Karan Khetani i/b. Mr.Jayesh Rathod for the Petitioners.
Mr.Raviraj S.Gamare i/b. Mr.Santosh Jawale for Respondent No.1.
Mr.Prashant Kamble, AGP for Respondent No.5, the State.
…...
CORAM : RAVINDRA V. GHUGE, ACJ
&
GAUTAM A. ANKHAD, J.
DATE : 27 AUGUST, 2026
P.C.:
1. This matter listed at Serial No. 89, is mentioned out of turn.
2. The learned Senior Advocate representing the Petitioners
submits that the Petitioners’ account has been frozen by Respondent No.
1, the Bank, without assigning any reason. The Petitioners do not know
the reason why the accounts have been frozen. The Petitioners would be
Trupti S. Bamne
2 89-wp-3818-2026.odt
satisfied if Respondent No. 1, the Bank, communicates the reason for
freezing the accounts at the earliest, in writing, so as to enable the
Petitioners to initiate appropriate steps. If this is done, this Petition can
be disposed off.
3. The learned Advocate representing Respondent No. 1, the
Bank, submits that within 15 days from today, the Petitioners would be
informed of the exact reason and, if there is any order passed by the
statutory authority, the same would also be communicated, on the
Petitioners’ email address.
4. We record that, any information and/or material/documents,
which becomes the foundation/cause for freezing the account of the
Petitioners, would be communicated/transmitted in writing to the
Petitioners within 15 days, on the following email ID:
Email ID: [email protected]
5. We would not grant any extension of time.
6. With the above directions, this Writ Petition is disposed off.
Trupti S. Bamne
3 89-wp-3818-2026.odt
7. If the Petitioners get to know the reason and the material for
freezing their account, liberty is granted to the Petitioners to avail of a
remedy as is permissible in law.
(GAUTAM A. ANKHAD, J.) (ACTING CHIEF JUSTICE)
Trupti S. Bamne
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