‘Irreparable prejudice’: Karnataka High Court asks private bank to unfreeze account over ‘receiving’ Rs 240 from cyber fraudsters
Indian Express·2h ago·Hope
What Happened
Karnataka High Court directed DBS Bank to unfreeze a milk vendor's account frozen for receiving Rs 240 in alleged cyber fraud proceeds. Justice Sachin Shankar Magadum ruled that freezing an entire account containing Rs 10,000 for a disputed Rs 240 amount was arbitrary and disproportionate. The court ordered placing a lien only on the disputed amount, preventing irreparable prejudice to the vendor's lawful business operations.
Key Entities
Karnataka High CourtDBS Bank India LimitedSayed Sarfaraz AhmedJustice Sachin Shankar MagadumCyber Crime Cell PatialaCyber Crime Cell Ahmedabad