In recent times, several genuine P2P traders and crypto investors have faced sudden debit freezes on their bank accounts during cyber-crime investigations. In many such cases, individuals are neither accused nor directly involved in any fraudulent activity, yet their accounts are frozen merely because their transaction appeared in a money trail.
At Shekhawat Legal, we assist clients in invoking the extraordinary jurisdiction of the Hon’ble High Court under Article 226 of the Constitution of India where the freezing action is arbitrary, mechanical, or disproportionate. Upon demonstrating absence of direct nexus, violation of natural justice, and infringement of the right to trade and livelihood, we seek urgent relief before the Court.
In appropriate cases, the Hon’ble High Court has been pleased to direct defreezing of bank accounts or limit the freeze only to the disputed amount, thereby restoring the client’s right to operate their account and continue lawful business activities.
If your account has been frozen without proper notice or justification, timely constitutional remedy can make the difference.
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