Smt Pratibha Manoj Verma and 4 Others v. the State of Mah.Thr.Secr.Mumbai and 7 Others
Case brief
What is this about?
This court directed the General Post Office to pay accrued interest to the applicant and State Bank of India to reinvest the principal amount of deposits for her daughters in a fixed deposit scheme yielding regular interest.
What did the court decide?
Directing General Post Office to pay accrued interest; directing State Bank of India to open accounts and reinvest principal amounts (Rs. 2,00,000 each) as fixed deposits.