Anurupa Pal
Published On: March 10, 2022 at 17:31 IST
Alibaba.com has moved to the Bombay High Court against the Freezing of its Bank Accounts with the Hongkong Shanghai Banking Corporation (HSBC) by Maharashtra Police allegedly under the grounds of investigation into the Cheating Case.
The Plea was filed through the Law Firm namely Cyril Amarchand Mangaldas under the Notice Section 91 of the Code Of Criminal Procedure where the Company’s Bank Proceeded to freeze the Petitioner’s Bank account under the pretext of Investigation into the First Information Lodged Report under cheating Case.
In the First Information Report , the Police have alleged that one of the business entities of Alibaba.com namely Alibaba Cloud India LLP, was hosting a download link for a mobile application which was purposely being used for cheating persons.
The First Information Report, which was being investigated, was filed based on allegations by an individual who claimed that after being allured by attractive returns, a payment of ₹65,000 was made to the application.
However, the app shut down mid-way and the person with whom the complainant was coordinating, could not be reached.
Three months after the First Information Report, the Police sent a Notice under Section 91 to Hongkong Shanghai Banking Corporation for freezing of accounts, which was challenged by the company.
According to the freezing notice, Hongkong Shanghai Banking Corporation was directed to debit freeze the current accounts of Alibaba.com.
In the interim, Alibaba.com has requested restoration of the operation of the frozen account.
Alibaba stated that despite it not being connected to the offence under the First Information Report, in any manner whatsoever, the Police has Proceeded merely on the Suspicion that one of the Alibaba related entities hosted its Mobile Application.Alibaba.com did not have any Business Relationship with Alibaba Cloud India and the Police issued Notices to Entities of Alibaba Group without any application of mind.
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