[Resolved]  HDFC Bank — Lien on Current Account and SB Account

Address:

Coimbatore, Tamil Nadu

I was operating a current account with HDFC bank Trichy Road Coimbatore branch since June 2014. Also i was using a HDFC Credit card which was taken much earlier to opening of this current account. I was negotiating a settlement with the credit card team, meantime i opened a SB account in Singanallur branch last month. But suddenly the credit card team has marked a lien on both the accounts for an amount of RS. 184, 944.42 (Current - Rs.179694.42, SB - Rs.5250.00). I think blocking my current account is illegal and has scuttled my business activity. Im unable to pay salaries to my employees. Im shocked to note when these guys come to lure you for opening accounts stating every entity is different, but they can mark lien on a current account. Please provide me legal assistance. I refer a earlier supreme court judgement in the case Purewal & Associates Vs Punjab National Bank on 9, March 1992 the bench has clearly stated " the respondent bank may not deny banking facilities for operation of a current account to enable them to keep their business going" it also states " so as to enable the appellant to carryon its normal day to day business transactions, to enable payment of salaries, taxes, raw materials etcwhich are the usual business requirements of a manufacturing unit. Please help me resolve this issue