#BNSS Section 107

The Punjab & Haryana High Court ruled that banks cannot freeze accounts based solely on law enforcement directions without a Magistrate’s order under BNSS Section 107 or an FIR naming the account holder. The court emphasized proportionality, holding that blanket freezes disproportionately harm innocent individuals, especially when no direct involvement in alleged offenses is established.

The Punjab & Haryana High Court has ruled that law enforcement agencies cannot direct banks to freeze accounts without a magistrate’s order under BNSS Section 107, even when a small sum is flagged as suspicious. This sets a critical precedent protecting the right to livelihood and ensures financial restrictions are proportionate, reasoned, and legally authorized-not merely administrative.

Punjab & Haryana High Court rules that banks cannot freeze accounts based solely on suspicious transaction flags without an FIR or BNSS Section 107 magistrate order. The court directed unfreezing within 7 days, emphasizing the protection of constitutional rights to property and trade, particularly for crypto traders.

Punjab & Haryana HC rules that freezing bank accounts under Section 107 of BNSS without an FIR or Magistrate order violates due process. The court directed de-freezing of the petitioner’s account, allowing operation subject to retaining the disputed Rs. 23,400. The ruling reinforces safeguards against arbitrary account freezes during cyber crime investigations.