#Government & Public Body Interactions | Banking & Finance Law | Constitutional & Fundamental Rights

MP High Court rules that banks cannot freeze accounts based solely on cyber cell notices without judicial oversight. Disputed funds must be converted into fixed deposits pending a magistrate's order within three months, ensuring compliance with CrPC and constitutional safeguards against arbitrary seizures.

Rajasthan High Court rules that banks cannot freeze entire accounts during cyber crime investigations without specifying the disputed amount. The account holder must be permitted to operate on undisputed funds, ensuring procedural fairness under Article 21.