https://www.taxtmi.com/caselaws?id=191657 Money lying in a bank account is property within section 102 CrPC and may be subjected to seizure by a prohibitory order preventing operation of the account. Applying that principle, the Court held that the investigating agency could freeze the bank accounts because the materials suggested the funds were traceable to alleged offences, while the claim of ownership could not be decided at the investigation stage and had to await trial. The seized demand drafts were also retained as part of the investigation, and no ground was shown for their immediate release. The writ petition was therefore unsuccessful and the prohibitory order remained in force. en-us Fri, 14 Sep 1990 00:00:00 +0530 Tue, 11 Apr 2017 18:39:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191657 Money lying in a bank account is property within section 102 CrPC and may be subjected to seizure by a prohibitory order preventing operation of the account. Applying that principle, the Court held that the investigating agency could freeze the bank accounts because the materials suggested the funds were traceable to alleged offences, while the claim of ownership could not be decided at the investigation stage and had to await trial. The seized demand drafts were also retained as part of the investigation, and no ground was shown for their immediate release. The writ petition was therefore unsuccessful and the prohibitory order remained in force. Case-Laws Indian Laws Fri, 14 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191657