Failure to Notify Magistrate on Bank Account Freezing Directions Can Lead to Invalidity: High Court of Kerala

The petitioner challenges the freezing of his bank account by the Federal Bank based on a requisition from the Cyber Police Station, Ahmedabad. This action was taken following Cyber Crime Incident Reports related to online financial fraud or UPI fraud. Petitioner’s Argument: The petitioner cites the precedent set in Dr. Sajeer v. Reserve Bank of India [2024 (1) KLT 826], which addressed similar issues concerning the freezing of accounts under…