BankingLaw Archives

Rajasthan HC on Cyber Fraud Investigations: Entire Bank Accounts Cannot Be Frozen Without Justification

The Rajasthan High Court, in Shree Balaji Enterprises v. RBI, has laid down important safeguards against arbitrary bank account freezes during cyber

Secured Creditors Remedy under SARFAESI Act

Op Eds OP. ED.

Remedy for Secured Creditors Aggrieved by Actions under Section 13(4) of the SARFAESI Act: Where does it Lie?

by Prashant Tripathi*

Case Briefs High Courts

Andhra Pradesh High Court quashes NI Act proceedings due to invalid cheque issued from merged bank

Andhra Pradesh High Court quashed proceedings under Section 138 NI Act, ruling that the dishonor of a cheque issued on a State Bank of Hyderabad account, rendered invalid due to the bank’s merger with SBI and expiry of its validity in March 2018, does not attract liability under the NI Act.