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Banks Can’t Freeze Company Accounts Over Internal Management Disputes Without Court Order: Calcutta HC

06/01/2026

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The Calcutta High Court has held that banks cannot freeze company accounts over internal management disputes without court order. The Bench of Justice Sabyasachi Bhattacharyya and Justice Supratim Bhattacharya set aside the impugned order dated June 19, 2025, holding that neither Axis Bank nor certain former directors had the locus standi to interfere with the…

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Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.

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Banks Can’t Freeze Company Accounts Over Internal Management Disputes Without Court Order: Calcutta HC

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Banks Can’t Freeze Company Accounts Over Internal Management Disputes Without Court Order: Calcutta HC

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