Latest Bank Freeze News & Updates

Jaipur, March 30 (IANS) In a significant ruling, the Rajasthan High Court has held that investigating agencies cannot freeze an individual’s entire bank account and must restrict action only to the disputed amount. The order came in a case involving filmmaker Shwetambari Vikram Bhatt, whose accounts had been frozen fully during a fraud investigation. The court observed that freezing a bank account is an “extraordinary measure” and should be used sparingly, with due legal safeguards.It rule…