PC Act Is A Code By Itself- Bank Account Of A Person Accused of Prevention of Corruption Act Cannot Be Attached U/S 102 CrPC: Supreme Court
3 years, 6 months ago

PC Act Is A Code By Itself- Bank Account Of A Person Accused of Prevention of Corruption Act Cannot Be Attached U/S 102 CrPC: Supreme Court

Live Law  

The Supreme Court observed that bank account of a person accused under Prevention of Corruption Act cannot be attached invoking Section 102 of Code of Criminal Procedure. "It is not possible to sustain the freezing of the bank account of the appellant taking recourse to Section 102 Cr.P.C. as the Prevention of Corruption Act is a Code by itself", the bench of Justices Sanjay Kishan Kaul and MM Sundresh observed while allowing an appeal against a Karnataka High Court judgment. "Be that as it may, on that account, it is not possible to sustain the freezing of the bank account of the appellant taking recourse to Section 102 Cr.P.C.

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History of this topic

Police Can Freeze Bank Accounts U/S 102 CrPC For Crimes Under Prevention Of Corruption Act: Kerala High Court
1 month ago

Police Can Freeze Bank Accounts U/S 102 CrPC For Crimes Under Prevention Of Corruption Act: Kerala High Court

Live Law  

Kerala High Court has held that freezing of a person's bank accounts under Section 102 of Code of Criminal Procedure while investigating his involvement in offences under Prevention of Corruption Act is valid. Hence, the Court held that bank accounts can be seized under Section 102 of CrPC for offences under PC Act. Notably, diverse views have been taken by …

Can Property Of Person Accused Under Prevention Of Corruption Act Be Seized Or Frozen U/S 102 CrPC? Supreme Court To Decide
1 month, 3 weeks ago

Can Property Of Person Accused Under Prevention Of Corruption Act Be Seized Or Frozen U/S 102 CrPC? Supreme Court To Decide

Live Law  

In the backdrop of divergent High Court views on the point, the Supreme Court is set to decide the issue as to whether Section 102 CrPC, which deals with police officer's power to seize certain property, shall apply to a criminal case registered under the Prevention of Corruption Act. The Court also stayed the operation of the impugned order passed …

S.102(3) CrPC | Info Regarding Freezing Of Bank Account Must Be Given To Jurisdictional Magistrate: Madras High Court
2 years, 7 months ago

S.102(3) CrPC | Info Regarding Freezing Of Bank Account Must Be Given To Jurisdictional Magistrate: Madras High Court

Live Law  

While ordering de-freezing of an account seized pursuant to investigation into a loan fraud, the Madras High Court held that it was an essential requirement of Section 102 of CrPC that information of the seizure should be duly reported to the Magistrate. to forthwith report the seizure before the Magistrate has not been complied with as well as it is …

Breaking; Prosecution for Corruption (PC Act) against Officials of Private Bank is maintainable as they are deemed Public Servants; SC
9 years, 1 month ago

Breaking; Prosecution for Corruption (PC Act) against Officials of Private Bank is maintainable as they are deemed Public Servants; SC

Live Law  

Supreme Court Today delivered a landmark Judgment holding that Chairman, Directors and Officers of Global Trust Bank Ltd., can be said to be public servants for the purposes of their prosecution in respect of offences punishable under Prevention of Corruption Act, 1988.The Two Judge Bench held that by virtue of. In this Case the Court has examined as to whether …

Breaking; Prosecution for Corruption (PC Act) against Officials of Private Bank is maintainable as they are deemed Public Servants; SC
9 years, 1 month ago

Breaking; Prosecution for Corruption (PC Act) against Officials of Private Bank is maintainable as they are deemed Public Servants; SC

Live Law  

Supreme Court Today delivered a landmark Judgment holding that Chairman, Directors and Officers of Global Trust Bank Ltd., can be said to be public servants for the purposes of their prosecution in respect of offences punishable under Prevention of Corruption Act, 1988.The Two Judge Bench held that by virtue of. In this Case the Court has examined as to whether …

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