Unlawful Freezing of Bank Accounts Sparks Financial Distress: Rajasthan High Court Bench Led by Justice Manoj Kumar Garg
The Rajasthan High Court, in Smt. Kailash Kanwar Rathore and Others v. State of Rajasthan, ruled against the arbitrary freezing of bank accounts by investigating agencies. The court emphasized that the mandatory reporting of seized accounts to the Magistrate under Section 102(3) Cr.P.C. is crucial, and non-compliance vitiates the freezing. This decision highlights the importance of procedural safeguards against indiscriminate actions by authorities.