Disposed

New India Assurance Co. Ltd. v. Shakuntla Devi & Ors.

Delhi HC10 Aug 2017MAC.APP./261/2009

Case brief

AI extract

What is this about?

The Court directed the appellant to deposit the balance award amount within three weeks after the respondent provided the required tax form. It also restricts issuance of cheques/cards from Allahabad Bank and orders disbursement listing.

What did the court decide?

Directs deposit of balance award within three weeks; restricts issue of cheques/cards by Allahabad Bank.

New India Assurance Co. Ltd. Vs Shakuntla Devi & Ors. — Banking and Recovery | Delhi HC (2017)

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$~13

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* IN THE HIGH COURT OF DELHI AT NEW DELHI

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- MAC.APP. 261/2009

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NEW INDIA ASSURANCE CO. LTD. ..... Appellant Through: Mr. P. Acharya, Advocate for Mr.D.K. Sharma, Advocate.

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versus

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SHAKUNTLA DEVI & ORS.	..... Responden	ts
Through:	Mr. H.R. Jha, Advocate respondent no.1	for
	Mr. Sanjiv Kakra, Mr.Irfan Ah	med,
	Advocates for State Bank of India	.
	Mr. Naresh Kumar Garg, De	puty
	Manager, State Bank of India,	Tis
	Hazari Court Branch.

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CORAM: HON'BLE MR. JUSTICE J.R. MIDHA

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O R D E R % 13.09.2017

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Learned counsel for the appellant submits that the appellant has not deposited the balance award amount as Form 15G of the Income Tax Rules was not given by respondent no.1. Respondent no.1 present in court has handed over Form 15G as well as PAN card to the appellant’s counsel today in Court.

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Let the balance award amount in terms of the judgment dated 10^th August, 2017 be deposited by the appellant within a period of three weeks from today. The appellant shall also file the computation of interest along with the proof of deposit before this Court before the next date of hearing.

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Mr. Naresh Kumar Garg, Deputy Manager, State Bank of India, Tis Hazari Court Branch present in Court submits that all the FDRs of Shakuntla Devi mentioned in para 11 of the judgment dated 10^th August, 2017 have

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matured and the amount has been transferred to her account on 29^th December, 2014.

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Shakuntla Devi present in court has produced the passbook of her savings bank A/c No.50402196663 with Allahabad Bank, Pandawla Khurd (IFSC Code: ALLA0213262). Allahabad Bank, Pandavala Khurd is directed not to issue any cheque book or debit card to respondent no.1 and if the same has already been issued, the same be cancelled before the next date of hearing. Respondent no.1 shall approach the Allahabad Bank before the next date of hearing along with the copy of this order whereupon Allahabad Bank is directed to make an endorsement on the passbook. The original passbook containing the endorsement be produced before this Court on the next date of hearing.

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List for disbursement of the balance amount on 11^th October, 2017. 6. Copy of this order be given dasti to counsels for the parties under signatures of the Court Master.

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J.R. MIDHA, J.

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SEPTEMBER 13, 2017 dk

New India Assurance Co. Ltd. v. Shakuntla Devi & Ors.

Case brief

What is this about?

What did the court decide?

New India Assurance Co. Ltd. v. Shakuntla Devi & Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

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Parties & counsel

Coram

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