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The Kerala large court docket not long ago issued a directive to banks concerning the freezing of bank accounts in situations involving the transfer of cash by way of the UPI platform as Section of cyber economical crimes.
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After the bank accounts of some petitioners ended up frozen due to the fact another person involved in a cyber money criminal offense in Yet another Element of the nation transferred income for their accounts by way of UPI, the Kerala superior Court sought particular safeguards for your program.
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’ referred in area 102 of your CrPC will only go over moveable house and excludes immovable home. the usage of the phrases which include ‘seize’ and ‘develop’ as A part of the provision reveal the phrase ‘any property’ as utilized less than part 102 in the CrPC will apply only to moveable house.
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.” This is often in line with the look at that a writ court are unable to enterprise into disputed queries of actuality which a Magistrate could well be in a far better position to deal with.