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Axis Banks freezes customer's account on police request, HC orders it can't do, may face criminal case for such actions

Axis Banks freezes customer's account on police request, HC orders it can't do, may face criminal case for such actions

The Allahabad High Court has ruled that banks must follow legal procedures before freezing accounts based on police requests. A medical store chain's account was unfrozen after the court found the freeze notice lacked formal orders. The High Court has issued …

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