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

  • State Financial Enterprise Transferring Funds From Borrowers Frozen Bank Account Without Authority Violates Article 300A: Kerala High Court

    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...

    Anamika MJ

    Anamika MJ

    Anamika MJ is a Correspondent with LiveLaw, covering Kerala High Court

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