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V SRIRAM   28 November 2024

Court order for returning funds from bank due to cyber crime

Sir,

In cyber crimes, after complaining to police station, the amount in the beneficiary bank account is freezed by police department. After obtaining court order for release of freezed amount can the beneficiary bank refuse to release the funds on the grounds that there exists few more freezing orders received from other police stations and that the court order should be revised to overlook all other freezing orders and pay the amount only to the victim who has produced court order. 

 



Learning

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