IN THE HIGH COURT OF JUDICATURE AT PATNA MJC No.1682 of 2009 S.P.N. INVESTMENT PRIVATE LIMITED Versus RESERVE BANK OF INDIA & ORS ----------- 4 21.7.2010 Petitioner company has a bank account with Oriental Bank of Commerce, Kuchhery Road, Ranchi. This application has been filed by the petitioner for modification of order dated 10.4.2007 passed in CWJC No. 13422 of 2006. The modification application has been filed, since the bank account of the petitioner's company has been frozen on the direction of the Reserve Bank of India under the misunderstanding that petitioner company is also a defaulter company. It seems that the Reserve Bank of India has given such direction to the concerned Bank on account of some wrong information furnished by the Registrar of the Company. Counter affidavit has been filed on behalf of the Registrar of the companies, Bihar & Jharkhand (Respondent no.3), wherein it has been stated that under the misunderstanding the name of petitioner's company was also shown in the list of the defaulter company when the data is being switched over from NIC system to TCS system, admittedly shows that 2 the name of the petitioner's company was included in the list of defaulter company inadvertently. In this circumstances, the Reserve Bank of India is directed to issue a direction in favour of the bank-respondent no.5 to delete the name of the petitioner's company from the list of defaulter company and the bank account of the petitioner's company which has been frozen, be released. This order must be passed by the Reserve Bank of India within two weeks from today and the concerned Bank i.e. respondent no.5 will also complete the transactions on its' part within two weeks from the date of receiving the direction of the Reserve Bank of India. The MJC application is disposed off. (Mridula Mishra,J.) (Shailesh Kumar Sinha,J.) A.Kumar