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State Financial Enterprise Transferring Funds From Borrower's Frozen Bank Account Without Authority Violates Article 300A: Kerala High Court
Anamika MJ
10 Nov 2025 10:11 AM IST
The Kerala High Court has restrained the Kerala State Financial Enterprises (KSFE) and its Recovery Officers from transferring amounts from a borrower's frozen bank account to third party accounts, holding that such a move would violate the constitutional protection against deprivation of property without authority of law under Article 300A of the Constitution of India.Justice V.G. Arun...
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