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Allahabad High Court Fines Bank for Freezing Account Without Order

The Allahabad High Court has imposed a fine of Rs 50,000 on a bank for freezing a customer's account over a Rs 23 lakh deposit without any official order or First Information Report (FIR). The court emphasized the lack of due process in the bank's action.

30 Apr, 12:08 — 30 Apr, 12:08
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