Mala Banerjee v. Reserve Bank of India (Ombudsman), Kolkata and Ors.
Case brief
What is this about?
Term deposit receipts; Central Bank of India; Assistant General Manager; disbursement with stipulated interest; savings bank account of predecessor-in-interest; release subject to formalities; six-week timeline; bank to intimate formalities in writing; writ petition disposed; Amrita Sinha, J; High Court at Calcutta; 23-06-2025; WPA No.6633 of 2025.
What did the court decide?
Petitioner to produce original term deposit receipts before the Assistant General Manager, Central Bank of India (fourth respondent) for disbursement of the term deposit with stipulated interest; savings bank amount of the predecessor-in-interest to be released subject to compliance of formalities; bank to intimate required formalities in writing and to complete steps within six weeks of submission of the original documents. ¶25