Hon'ble Allahabad High Court directs de-freezing of frozen bank account and reiterates that banks and investigating agencies cannot mechanically freeze entire accounts without following due process of law.

Received a SARFAESI auction notice? Learn the legal remedies available to borrowers under the SARFAESI Act, 2002, including DRT challenges, redemption rights, and procedural safeguards.

Allahabad High Court cracks down on arbitrary freezing of bank accounts in cyber fraud cases. Read key observations, legal principles, and remedies for innocent account holders.

The article covers DRT's jurisdiction and limitations in accepting recovery applications for dues remaining after sale of secured asset.

DRT granted interim relief to the borrowers and ordered status quo over the property restraining the bank from taking forceful possession