Delhi High Court orders Axis Bank to reassess account freeze beyond ED directive, within 15 days.

The Delhi High Court has directed Axis Bank to reassess its decision to freeze a petitioner's entire bank account, which exceeded a directive from the Enforcement Directorate (ED) to only attach Rs1,15,799. The court mandated a reasoned decision within 15 days, following a hearing with the petitioner, to ensure a fair review and prompt resolution of the account issues. The petitioner seeks relief to access their account, excluding the specified frozen amount.