Financial Fraud Case, Police Cannot Freeze Bank Account Without Specifying Amount, Violates Right To Trade: Madras High Court
In a significant judgment delivered on 10th September 2024, the High Court of Judicature at Madras addressed the contentious issue of freezing bank accounts during cyber crime investigations. The case, titled W.P.No.25631 of 2024, involved the petitioner, Mohammed Saifullah, who challenged the freezing of his bank account by HDFC Bank on the basis of a directive from the Cyber Crime Bureau related to a cryptocurrency investigation. Case Background: Mohammed Saifullah,…
