Case Law Analysis
|Madhya Pradesh High Court
Bank Account Freeze | Cyber Cell Notices Insufficient for Freezing Without Magistrate's Order Within 90 Days: MP HC
The Madhya Pradesh High Court has ruled that banks cannot freeze accounts solely on the basis of cyber cell alerts; disputed funds must be preserved in fixed deposits and subject to judicial review by a magistrate within three months. This sets a critical precedent protecting account holders from arbitrary financial disruption during unverified cybercrime investigations.