90,000+ Legal Questions Answered
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.
Helpful
Helpful
Share
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
Helpful
Helpful
Share
Read Related Answers
Irrelevant freezing of bank account
Dear Client
Account freeze due to cybercrime is on the rise and police has no choice but to freeze the account or mark lien whenever they receive a complaint. This is their first step t protect the vi...
Data entry fraud
Dear Client
Data entry frauds are very common and you need to be very careful on this.
Secondly whether this is a valid legal notice or not will depend upon the fact whether the person sending the leg...
cyber fraud court order release
Dear Client
it will be better if you could elaborate more on your case. Why do you have to provide a surety when you are the victim?
Bail cash security process and risks
Dear Sir,
My answers are as follows:
1. What is the process for cash security?
Ans: You have to first get modify the Sessions Court Bail Order accepting your friends appeal to release him on cash sure...
What Options i have in section IPC under cyber crime
Dear Client,
FIR lodged under Sec.509 of the IPC is a criminal offense and a cognizable, bailable, and compoundable offense and triable by the court of first class Judicial Magistrate. After the Crimi...
Read Blogs on Cyber Crime
Cyber Crime Lawyers
Find Lawyers by Location
