AK & Partners Assists An Upcoming Payment Aggregator To Defreeze Its Banks Accounts
The petitioner was represented by designed Senior Advocate, Mr. Anil V. Anturkar and was assisted by AK & Partners with team comprising of Adv Shreyas Mehrotra, (Head Counsel, Litigation team), Anuroop Omkar, (Partner), Kritika Krishnamurthy (Partner) and Anushree Jugade (Associate).
OnionPay, an upcoming payment aggregator fintech recently moved before the Bombay High Court seeking de-freezing of its bank accounts which included escrow account with public funds. The accounts were frozen by the Maharashtra Police on the pretext of alleged investigation into a cheating case under Section 102 of the CrPC, 1973. (Zhudao Infotech Private Limited v. State of Maharashtra, W.P. No. 775/ 2022).
The petitioner was represented by designed Senior Advocate, Mr. Anil V. Anturkar and was assisted by AK & Partners with team comprising of Adv Shreyas Mehrotra, (Head Counsel, Litigation team), Anuroop Omkar, (Partner), Kritika Krishnamurthy (Partner) and Anushree Jugade (Associate).
The division bench of Hon’ble High Court of Bombay comprising of Hon’ble Justice Shri. Prasanna B Varale and Hon’ble Justice Shri Shriram Madhusudan Modak allowed the petition and directed defreezing of the bank accounts of OnionPay with immediate effect.
