A.Dear Client,
Usually, in the operative part of a Court's order, a timeline is directed/mentioned for the execution of an order and in case of inordinate delay in execution exceeding the timeline, the decree-holder can file an application before the Court for the execution of the order which becomes enforceable on the expiry of the timeline of execution of the order. Section 457 of the CrPC empowers a Magistrate to use their discretion to order the conditional release of the amount frozen under cyber scam. In this situation, the police seek a bond from the victim who needs to declare that he/she will pay 1. 5 times the refunded amount to the bank in case his/her claim is false or if other claims are made on the amount. Once this is done, the Magistrate executes an order to release the frozen amount to the applicant victim. So, file a petition under Section 457 CrPC in the jurisdictional court praying for an order for the release of frozen money and following the court's order, and on receipt of bond, the Investigating Officer of the Cyber Cell will follow up the matter with the banks and the amount is refunded to the accounts of the victims. If required, you may take the service of an Advocate for guidance and steps.
Usually, in the operative part of a Court's order, a timeline is directed/mentioned for the execution of an order and in case of inordinate delay in execution exceeding the timeline, the decree-holder can file an application before the Court for the execution of the order which becomes enforceable on the expiry of the timeline of execution of the order. Section 457 of the CrPC empowers a Magistrate to use their discretion to order the conditional release of the amount frozen under cyber scam. In this situation, the police seek a bond from the victim who needs to declare that he/she will pay 1. 5 times the refunded amount to the bank in case his/her claim is false or if other claims are made on the amount. Once this is done, the Magistrate executes an order to release the frozen amount to the applicant victim. So, file a petition under Section 457 CrPC in the jurisdictional court praying for an order for the release of frozen money and following the court's order, and on receipt of bond, the Investigating Officer of the Cyber Cell will follow up the matter with the banks and the amount is refunded to the accounts of the victims. If required, you may take the service of an Advocate for guidance and steps.
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A.Dear Client,
The exact time or deadline for banks to refund money in cases of cyber fraud after a court order and service of the order can vary depending on several factors, including the specific circumstances of the case, the legal processes involved, and the bank's internal procedures.
Thankyou
The exact time or deadline for banks to refund money in cases of cyber fraud after a court order and service of the order can vary depending on several factors, including the specific circumstances of the case, the legal processes involved, and the bank's internal procedures.
Thankyou
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