Iva Omprakash Chopra v. Axis Bank Ltd. and Anr.
Case brief
What is this about?
In W.P. No. 1146 of 2021, the Bombay High Court held that the writ petition cannot be converted into succession proceedings. The bank was directed to decide the application for release of maturity proceeds to the nominee within three weeks, with liberty to aggrieved parties to approach the appropriate forum thereafter.
What did the court decide?
Respondent bank directed to decide application for release of maturity proceeds to nominee within three weeks; liberty to approach appropriate forum if aggrieved.