The Madras High Court recently took strong note of arbitrary freezing of a publicly listed company's bank account by cybercrime authorities.
The Court emphasized that freezing accounts without proper legal procedure can severely impact legitimate business operations.
This case reinforces the importance of due process and proportionality in cybercrime investigations.
Legal Insight:
Improper freezing of accounts is increasingly being challenged before High Courts. Businesses and individuals must act quickly and seek legal remedies.