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Court Quashes Freezing Order Amid NDPS Accusations Against Startup Director: Karnataka High Court

23 Jan 2024 2 min read

Court Quashes Freezing Order Amid NDPS Accusations Against Startup Director: Karnataka High Court

Bangalore, January 5, 2024: In a significant development, the Karnataka High Court, in a writ petition filed under Articles 226 and 227 of the Constitution of India, has directed the Kotak Mahindra Bank to unfreeze the bank accounts of M/S. OwnPath Learning Private Limited. The company had sought relief against the freezing of its accounts by the Narcotics Control Bureau (NCB). Background: OwnPath Learning Private Limited, a registered startup under…

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