Madhya Pradesh High Court holds that banks cannot freeze accounts based solely on police directives without judicial authorization under Section 102 CrPC.
Madhya Pradesh High Court holds that banks cannot freeze accounts based solely on cyber police directives without judicial authorization under BNSS Section 102.
Chhattisgarh High Court holds that banks cannot freeze accounts without formal order, even amid suspicious transactions, if customer shows no criminal intent.
Rajasthan High Court mandates banks to freeze accounts only upon precise police direction and provides a 7-day window for confirmation, safeguarding business liquidity.
Rajasthan High Court holds banks cannot freeze accounts without precise evidence of cyber fraud; mandates procedural safeguards and time-bound police coordination.