Supreme Court of India
Opto Circuit India Ltd. v. Axis Bank & Ors.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
2 Supreme Court benches have cited this judgment.
From the headnote
Prevention of Money-Laundering Act, 2002 – s.17, 2(v) and s.2(w) – The Directorate of Enforcement initiated the proceedings against the appellant under PMLA – In the said process the Deputy Director, Directorate of Enforcement through the co mmunication dated 15.05.2020 addressed to the Anti Money-Launderi ng (AML) Officer of Respondents No.1 to 3 Banks instructed t hem that the accounts maintained by the appellant company be ‘de bit freezed/ stop operations’ – Aggrieved, the appellant filed wr it petition and sought to quash the communication dated 15.05.2020 issued for debit freezing the
Authorities it was built on
Where later benches applied it
- 2025 Assistant General Manager State Bank of India & Anr. v. Tanya Energy Enterprises through its Managing Partner Shri Alluri Lakshmi Narasimha Varma
- 2024 Bilkis Yakub Rasool v. Union of India & Others
Of those, 2 referred to
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