Dismissed
Sayeeda Abdul Rashid Patel Shaikh v. the State of Mah and Ors.
Bombay HCWP/5913/2013
Case brief
AI extract
What is this about?
This writ petition challenged the rejection of a claim for insured deposits exceeding the statutory limit. The court held that the liability of the Deposit Insurance Corporation is capped per depositor regardless of the number of accounts or fixed deposit receipts held.
What did the court decide?
Petition stands rejected as the claim exceeds the statutory insurance limit per depositor.