Delhi High Court
LEGAL SUBJECT
Banking and Finance Law
Judgment analyses where this is the main or secondary subject.Latest analyses
30 ARTICLES
Bombay High Court
Prior disclosure and adequate opportunity to respond defeat a natural justice challenge to fraud classification.
Axis Bank took over credit facilities of approximately ₹23.01 crore granted to Respondent No. 2 Company and subsequently classified its account as an NPA after defaults in repayment.3 MIN READ↗
Delhi High Court
Banks cannot unilaterally freeze customer accounts absent statutory authority or competent-authority directions.
The petitioners maintained current accounts with the respondent Bank of Baroda, Bara Tooti, Sadar Bazar, New Delhi, for business operations, including payment of salaries, vendors, drivers and other expenses.3 MIN READ↗
Telecom Disputes Settlement and Appellate Tribunal
ICICI Bank liable for ₹7.81 lakh cyber-fraud loss after failing to send mandatory transaction alerts, TDSAT rules
The appellant, a seafarer, maintained an NRE savings account and debit card with ICICI Bank.4 MIN READ↗
Madhya Pradesh High Court
Banks must unfreeze accounts, retaining disputed amounts in fixed deposits pending Magistrate’s orders.
The petitioner approached the Madhya Pradesh High Court under Article 226 of the Constitution seeking removal of the freeze/hold imposed on his Kotak Mahindra Bank Account No. 8847202441 and Airtel Payments Bank Accou...3 MIN READ↗
Gujarat High Court
A recovery certificate’s omission of non-mortgaged property extinguishes the prior injunction over it.
In 2003, Bank of Baroda initiated recovery proceedings before the Debt Recovery Tribunal (“DRT”) against respondent Nos. 2 to 7. The DRT issued a Recovery Certificate for Rs. 59,25,374/- on 13 December 2007.4 MIN READ↗
Madhya Pradesh High Court
Banks must unfreeze accounts except disputed cyber-fraud amounts secured in fixed deposits pending Magistrate orders.
The petitioner approached the High Court under Article 226 of the Constitution seeking defreezing of his Axis Bank account, No. 924010036846681, maintained at the Kannod Branch, District Dewas3 MIN READ↗
Madhya Pradesh High Court
Banks must unfreeze accounts while disputed cyber-fraud amounts remain secured in fixed deposits pending Magistrate’s orders.
The petitioner’s bank account No. 50100502686594 maintained with HDFC Bank, Manasa Branch, District Neemuch, was frozen pursuant to communications from crime/cyber-crime agencies concerning allegedly suspicious or cyb...2 MIN READ↗
Madhya Pradesh High Court
Only disputed cyber-fraud amounts may remain secured; the balance must be defreezed pending Magistrate’s orders.
The petitioner challenged the freezing of his bank account maintained with Utkarsh Small Finance Bank, Indore, Account No. 1764019179535566, pursuant to communications from cyber-crime/police authorities alleging that...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 approached the High Court under Article 226 of the Constitution seeking, inter alia, quashing of the respondents’ action and defreezing of bank account No. 100186214960 maintained with IndusInd Bank.3 MIN READ↗
Madhya Pradesh High Court
Accounts must be unfrozen, with disputed cyber-fraud sums held in fixed deposits pending Magistrate orders.
The petitioner approached the High Court under Article 226 of the Constitution seeking directions to unfreeze his bank account maintained with the respondent, Bank of Baroda2 MIN READ↗
Madhya Pradesh High Court
Cyber-fraud account freezes cannot continue indefinitely; disputed funds must remain secured pending Magistrate’s orders.
The petitioner invoked Article 226 of the Constitution seeking removal of the hold/freeze placed on his bank account maintained with Utkarsh Small Finance Bank, New Palasia Branch, Account No. 1764019721667650.3 MIN READ↗
Madhya Pradesh High Court
Cyber-fraud-linked bank accounts must be unfrozen, with disputed amounts secured in fixed deposits pending Magistrate orders.
The petitioner approached the High Court under Article 226 of the Constitution challenging the freeze/hold placed on his Bandhan Bank account No. 50220026057872, IFSC BDBL0001371, allegedly without lawful authority or...3 MIN READ↗
Madhya Pradesh High Court
Cybercrime allegations cannot justify blanket account freezing; disputed funds must remain secured pending Magistrate orders.
The petitioner approached the High Court under Article 226 of the Constitution seeking removal of the hold/freeze imposed on Bank Account No. 1764018871796041 maintained with the respondent bank.2 MIN READ↗
Allahabad High Court
Pending DRT proceedings do not automatically stay SARFAESI action, but courts should not compel time-bound dispossession.
The petitioner, Shivalik Small Finance Bank Limited, sought a writ directing the Additional District Magistrate (Finance and Revenue), Gautam Budh Nagar, and other authorities to provide it physical possession of the...3 MIN READ↗
Bombay High Court
Debt advanced by an unlicensed moneylender is not legally enforceable under Section 138.
The appellant filed a complaint under Section 138 of the Negotiable Instruments Act, 1881 (“NI Act”) against Respondent No. 2. The appellant alleged that he had advanced a cash loan of ₹20,00,000 to Respondent No. 2,...4 MIN READ↗
Gujarat High Court
A cheque-dishonour complainant may appeal acquittal as a victim under Section 372 CrPC before the Sessions Court.
The appellant, the original complainant, filed an appeal under Section 378 of the Code of Criminal Procedure, 1973 (CrPC), alternatively invoking Section 419 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (BNSS), cha...3 MIN READ↗
Gujarat High Court
AMIGS subsidy eligibility cannot be denied solely for pre-amendment project commencement.
The Agriculture Produce Market Committee, Unjha (“APMC”) applied through the Bank of India for a loan and subsidy under the Agricultural Marketing Infrastructure, Grading and Standardization (“AMIGS”) Scheme for its a...3 MIN READ↗
Madhya Pradesh High Court
Banks must unfreeze accounts while disputed amounts remain in fixed deposits pending Magistrate’s orders.
The petitioner maintained bank account No. 1321104000075147 with IDBI Bank, Gyal Nagar, Indore Branch.3 MIN READ↗
Madhya Pradesh High Court
Bank accounts must be unfrozen while disputed cyber-fraud amounts remain secured in fixed deposits.
The petitioner, M/s Mahadev Trading Company, through its proprietor Yogesh Bagdi, maintained Biz Pro Plus Account No. 50200043506211 with HDFC Bank, Neemuch Branch.3 MIN READ↗
Madhya Pradesh High Court
Bank accounts frozen on cybercrime allegations must be unfrozen, while disputed sums remain in fixed deposits pending Magistrate’s orders.
The petitioner approached the High Court under Article 226 of the Constitution seeking removal of the freeze/lien imposed on his State Bank of India account bearing No. 44263622129.3 MIN READ↗
Madhya Pradesh High Court
Bank accounts cannot remain frozen indefinitely; disputed amounts must be held in fixed deposits pending investigation.
The petitioner, Deepak Panwar, filed a writ petition under Article 226 of the Constitution of India challenging the illegal and arbitrary freezing of his bank account (No. 1764019109873352) at Utkarsh Small Finance Ba...2 MIN READ↗
Madhya Pradesh High Court
Frozen Bank Accounts Must be Unfrozen Subject to Term Deposits of Disputed Amounts Pending Investigation.
The petitioner, Alifiya, filed a writ petition under Article 226 of the Constitution of India challenging a notice/letter (No. 449A/2023) dated 02.09.2023 issued by the State (Respondent No. 1) to HDFC Bank (Responden...2 MIN READ↗
Madhya Pradesh High Court
Borrowers illegally re-occupying mortgaged property after eviction cannot be rewarded; authorities must provide fresh assistance to banks for repossession.
The petitioner, a financial institution and secured creditor, obtained an order dated 10.03.2023 under Section 14 of the SARFAESI Act from the District Magistrate to take possession of a secured asset in Rau, Indore2 MIN READ↗
Madhya Pradesh High Court
Bank accounts may be unfrozen provided disputed amounts are secured in fixed deposits pending judicial orders.
The petitioner, a partnership firm, filed a writ petition under Article 226 of the Constitution of India seeking a direction to Yes Bank to unfreeze and remove a lien from its bank account2 MIN READ↗
Madhya Pradesh High Court
Bank Accounts Frozen by Cyber Agencies Must Be Unfrozen Post-Segregation of Disputed Amounts into Fixed Deposits.
The petitioner filed a writ petition under Article 226 of the Constitution of India seeking a direction to the respondents to unfreeze his bank accounts held with IndusInd Bank (Account No. 159752137096) and Axis Bank...2 MIN READ↗
Delhi High Court
Bank restricted to simple interest after illegally withholding education loan installment and causing hardship to student; appellate tribunal cannot arbitrarily interfere with lower tribunal's discretion.
The petitioners obtained a sanctioned education loan of Rs. 15,00,000 for overseas studies, but the respondent bank withheld the final installment of Rs. 3,75,000, demanding additional security not specified in the or...3 MIN READ↗
Madhya Pradesh High Court
Bank must unfreeze account and secure only the disputed amount in fixed deposits pending criminal investigation.
The petitioner, Balaji Ajencies, filed a writ petition under Article 226 of the Constitution of India seeking a direction to the respondent bank to unfreeze its bank account.2 MIN READ↗
Gujarat High Court
High Court Declines Article 226 Jurisdiction Against Section 14 SARFAESI Orders Due to Efficacious Alternative Remedies
The petitioners availed of loan facilities from Respondent No. 2 Bank in 2024. In March 2026, the account was classified as a Non-Performing Asset (NPA).3 MIN READ↗
Appellate Tribunal For Electricity
Liquidated damages are not awardable under Section 74 without proof of actual loss or legal injury.
The Appellant entered into a Power Purchase Agreement (PPA) with Respondent No. 2 (TANGEDCO) on September 26, 2017, for a solar power project, with a commissioning deadline of 24 months.2 MIN READ↗No articles match these filters.