Indian Bank — non release of proceeds on cheque no.041455 and freeze of account number [protected]

Address:

Indirapuram , Ghaziabad, Ghaziabad, Uttar Pradesh, 201014

A cheque issued by presidium school number 041455 dated 15/10/2019 for an amount of inr 189000 in my account number [protected] at indian bank < indirapuram was credited in my account on 4th jan 2020 at 10.20 am. The indian bank, branch, ashok vihar, issuer of the cheque send a mail to indian bank, indirapuram asking to stop payment... The bank manager < mr nikhil gupta stopped the cheque and froze the account.. Later i met the bank manager, indirapuram and pleaded with him for release of the money/ unfreezing of the account which was not done by him.. On the contrary he asked for getting in touch with presidium (Issuer of the cheques) to get a noc/settlement letter which could not be procured as the management is not responding to my calls. I do not know under which rule and provision of rbi banking norms the account. Can be frozen. I see this as a conspiracy of the bank and its officials to arm twist and working collusion with the presidium school /mothers pride..

I once again demand that the account be unfrozen without delay and also to compensate me the losses on account of finances / time and money spent, failing which i shall have to escalate the matter to higher management of the bank / rbi