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The Economic Times
The Economic Times

Allahabad HC orders banks to freeze only disputed amount in cybercrime cases

The Lucknow bench of the Allahabad High Court has ruled that investigating agencies cannot impose a blanket freeze on a person's bank account when a suspected cybercrime transaction involves a specific amount, stressing that any restraint must be proportionate to the alleged proceeds of crime.

A bench comprising Justice Shekhar B Saraf and Justice Abdhesh Kumar Chaudhary passed the order while disposing of a petition filed by Lucknow-based businessman Ritesh Yadav, whose bank accounts had been frozen following a cybercrime investigation.

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