Case Law Analysis
|Punjab and Haryana High Court
PMLA & Banking Law | Victims of Online Fraud Cannot Be Penalized for Receiving Illicit Credits Without Evidence of Intent : PHHC
The Punjab and Haryana High Court ruled that freezing bank accounts of fraud victims-who unknowingly received illicit funds-violates their fundamental rights under Article 21, absent criminal proceedings or proof of complicity. The judgment shields innocent account holders from punitive actions by enforcement agencies, reinforcing protections under PMLA and banking regulations.