Bank Freezing Real Estate Company's Account Over Matrimonial Dispute Unjustified; Relief Granted: Allahabad High Court
In a significant judgment delivered on 13th February 2025, the Hon'ble High Court of India in the case of Proview Constructions Limited VERSUS Union of India & 3 Others examined a vital issue regarding the writ jurisdiction under Article 226 of the Constitution of India. The case revolved around the withdrawal of funds from the current account of the Proview Constructions Limited with Federal Bank, which was frozen due to…