Calcutta High Court
LEGAL SUBJECT
Banking and Finance Law
Judgment analyses where this is the main or secondary subject.Latest analyses
30 ARTICLES
Madhya Pradesh High Court
Bank accounts must be unfrozen while disputed cyber-fraud amounts remain secured in fixed deposits pending Magistrate’s order.
The petitioner filed a petition under Article 226 of the Constitution seeking directions to Federal Bank to unfreeze his bank account.3 MIN READ↗
Madhya Pradesh High Court
Bank accounts must be unfrozen while disputed cyber-fraud amounts remain secured in fixed deposits pending Magistrate’s orders.
The petitioner filed a writ petition under Article 226 of the Constitution seeking removal of the hold/lien and defreezing of his current bank account bearing No. 746902010006786.3 MIN READ↗
Punjab and Haryana High Court
Fraud classification is valid where the bank supplies the forensic report and duly considers the borrower’s reply.
The petitioner, a former Director of Woolways India Limited, challenged the State Bank of India’s orders dated 21.02.2026 and 11.03.2026, whereby the company’s loan account was classified as “fraud” and the company an...3 MIN READ↗
Chhattisgarh High Court
Authorities must disburse undisputed PPF balances upon representation without requiring further adjudication.
The petitioner maintained a Public Provident Fund (PPF) account with the Senior Post Master, Raipur. According to the passbook, a sum of ₹11,05,574 stood to his credit, but the amount had not been released to him.2 MIN READ↗
Gujarat High Court
Guarantors remain liable for outstanding loan dues despite alleged negligence by the lending bank.
The petitioners were guarantors to a loan transaction entered into between M/s. Jay Ambe Steel Corporation, its proprietor, and Bhagy aLaxmi Cooperative Bank Ltd.2 MIN READ↗
Delhi High Court
Reputational harm alone cannot justify restraining invocation of an unconditional performance bank guarantee.
The Appellant awarded the Respondent an EPC contract dated 09.05.2018 for rehabilitation and upgradation of approximately 31.918 km of NH-752H, at a contract price of approximately ₹153.59 crore.3 MIN READ↗
Calcutta High Court
A bank cannot be deemed a defaulter where the customer’s account was already inoperative with a zero balance.
Pascas Associate, respondent no. 3, maintained Current Account No. 3296298908 with State Bank of India’s C-Zone, Durgapur Branch. The account had a nil balance from 31 December 2020 and was classified as “inoperative”.3 MIN READ↗
Madhya Pradesh High Court
Cybercrime-related bank freezes must be limited to disputed amounts; remaining funds must be unfrozen pending Magistrate’s order.
The petitioner filed a writ petition under Article 226 of the Constitution seeking removal of the freeze/hold imposed on his Kotak Mahindra Bank account, Account No. 6248344111, allegedly without lawful authority or j...2 MIN READ↗
Madhya Pradesh High Court
Banks must unfreeze accounts while securing disputed cybercrime amounts in fixed deposits pending magistrate orders.
The petitioner invoked Article 226 of the Constitution seeking removal of the hold/freeze imposed on his current bank account maintained with SBM Bank.3 MIN READ↗
Madhya Pradesh High Court
Only disputed cybercrime-linked funds may remain secured; banks must unfreeze the remaining account balance.
The petitioner approached the High Court under Article 226 of the Constitution seeking removal of the hold/freeze imposed on four bank accounts maintained in his name with the State Bank of India.2 MIN READ↗
Bombay High Court
Civil court can hear fraud challenge to property sale deed despite SARFAESI action, Bombay HC rules
Respondent No. 1, owner of Flat Nos. 19 and 26 in Shri Kalavishva Co-operative Housing Society, allegedly executed a Transfer/Sale Deed dated 13 March 2020 in favour of Defendant Nos. 1 and 2 for ₹49,51,000.4 MIN READ↗
Madhya Pradesh High Court
Bank accounts must be unfrozen while disputed cyber-fraud amounts remain secured in fixed deposits pending Magistrate orders.
The petitioner invoked Article 226 of the Constitution seeking a direction to Kotak Mahindra Bank to defreeze bank account No. 1046718744 and also sought costs and other appropriate reliefs.2 MIN READ↗
Madhya Pradesh High Court
Bank accounts frozen over cybercrime claims must be unfrozen, with disputed sums retained in fixed deposits pending Magistrate’s orders.
The petitioner’s bank account No. 63038825250 maintained with the State Bank of India was frozen pursuant to communications from cyber-crime/police authorities concerning alleged disputed transactions of ₹21,000 and ₹...2 MIN READ↗
Patna High Court
Writ jurisdiction may intervene in SARFAESI proceedings where banks ignore insurance claims and borrower representations.
Late Anand Kumar Singh and the petitioner, Shashi Kiran Devi, had availed a housing loan of ₹17,77,000 from the State Bank of India, ADB Begusarai Branch. The loan arrangement included proposed insurance coverage, and...3 MIN READ↗
Patna High Court
Writ jurisdiction is unavailable where an effective statutory remedy exists against recovery proceedings.
The petitioner, Aditya Kumar, proprietor of M/s Karan Tractors, filed a writ petition under Article 226 of the Constitution challenging the order dated 9 May 2023 and the notice for attachment of immovable property is...2 MIN READ↗
Odisha High Court
Pre-arrest bail was refused where custodial protection could impede investigation into a substantial economic offence.
The four petitioners sought pre-arrest bail under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023, in C.T. Case No. 12 of 2026 arising from EOW P.S. Case No. 9 of 2026, involving alleged offences under Sec...5 MIN READ↗
Calcutta High Court
Civil courts cannot restrain SARFAESI measures falling within DRT’s exclusive Section 17 jurisdiction.
The plaintiff had availed financial facilities from the defendant bank, secured by three immovable properties allegedly mortgaged as collateral security.3 MIN READ↗
Calcutta High Court
Pendency of arbitral proceedings does not bar issuance of a wilful-default show-cause notice.
The petitioners challenged a show-cause notice dated 17 June 2026 issued by SREI Equipment Finance Limited (“SEFL”), requiring them to explain why they should not be declared wilful defaulters for allegedly disposing...3 MIN READ↗
Madhya Pradesh High Court
Bank accounts must be unfrozen after disputed cyber-fraud funds are secured in fixed deposits.
The petitioner filed a writ petition under Article 226 of the Constitution seeking revocation of the freeze imposed on Bank Account No. 24550100009458 maintained with Bank of Baroda, Ravishankar Shukla Nagar Branch, I...2 MIN READ↗
Karnataka High Court
Secured lenders get priority over BUDS depositor claims for valid CERSAI-registered mortgages, Karnataka HC rules
Bajaj Finance Ltd., a secured creditor, sanctioned a loan of ₹78,25,000 to A.S. Puttaswamy Gowda and the co-borrowers, secured by an equitable mortgage created through deposit of title deeds over the subject property.4 MIN READ↗
Madhya Pradesh High Court
Bank accounts must be unfrozen, while disputed cybercrime amounts remain in FDs pending Magistrate orders.
The petitioner, R K Motors, through its sole proprietor, challenged the freezing of bank account No. 50200103403830 maintained with HDFC Bank and sought its defreezing under Article 226 of the Constitution.3 MIN READ↗
Bombay High Court
A plausible defence warrants conditional leave; insufficiently stamped loan agreements must be impounded for adjudication.
The plaintiff, a non-banking financial company, advanced two term-loan facilities to defendant no. 1: ₹155 crores under a loan agreement dated 30 June 2015 and approximately ₹28.73 crores under a loan agreement dated...3 MIN READ↗
Madhya Pradesh High Court
Banks must unfreeze accounts while securing disputed cyber-fraud amounts in fixed deposits pending magistrate’s orders.
The petitioner maintained Savings Bank Account No. 21132041001678 with Punjab National Bank, Goyal Nagar, Indore, and was engaged in providing retailer/business correspondent services.3 MIN READ↗
Calcutta High Court
Interest remitted by a foreign bank’s Indian PE to its head office requires TDS to secure deduction.
The appellant, Royal Bank of Scotland N.V. (formerly ABN Amro Bank N.V.), is a Netherlands-incorporated non-resident banking company carrying on business in India through a branch recognised as a permanent establishme...5 MIN READ↗
Calcutta High Court
A bank acquiring a secured loan may invoke SARFAESI despite the originator’s threshold ineligibility.
The petitioners had obtained credit facilities of approximately ₹14,33,500 from Bajaj Finance Limited, secured by a mortgage over immovable property.4 MIN READ↗
Odisha High Court
Bank must pay 7% interest on delayed refund of an unsuccessful bidder’s EMD.
The respondent participated in a bank auction and was declared the unsuccessful, second-highest bidder after the bid was accepted in favour of the highest bidder.2 MIN READ↗
Madhya Pradesh High Court
Only disputed cybercrime proceeds may remain secured; banks must unfreeze the account’s remaining funds.
The petitioner filed a writ petition under Article 226 of the Constitution seeking defreezing of his savings bank account bearing No. 63007385199 maintained with respondent No. 2 bank and permission to operate it.2 MIN READ↗
Madhya Pradesh High Court
Bank accounts frozen over cybercrime allegations must be unfrozen except for disputed amounts secured in fixed deposits.
The petitioner invoked Article 226 of the Constitution seeking removal of the hold/freeze placed on his bank account maintained with Fino Payments Bank.3 MIN READ↗
Madhya Pradesh High Court
Only the disputed cyber-fraud amount may remain secured; the remaining bank balance must be unfrozen.
The petitioner filed a writ petition under Article 226 of the Constitution seeking removal of the hold/freeze imposed on five bank accounts maintained in her name with SVC Co-operative Bank Ltd.3 MIN READ↗No articles match these filters.