NADODA LALITKUMAR LAXMANBHAI vs INDIAN OVERSEAS BANK — 708/2025

Summary The Chief Judicial Magistrate of Patan allowed the applicant's petition under Section 503 of the BNSS to recover Rs. 20,526 that was frozen in bank accounts following a cybercrime complaint filed under Gujarat's Ashwast Project. The court found that the money was stolen from the applicant's SBI account, the recipient bank accounts were fake with no claimants, and the investigating officer recommended refund. The applicant must furnish a personal bond and surety of 1.5 times the amount, with conditions that the money be produced before the court if directed and returned if any other person establishes a legitimate claim. This case analysis is maintained by casestatus.in based on publicly available court records.