The Single Judge Court disposed of an application for premature release of fixed deposit money. It held that the Tribunal must be approached first for such release and dismissed any premature recourse to the Court.
The application for premature release of the fixed deposit amount is dismissed; the party must first approach the Tribunal.
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UNITED INDIA INSURANCE CO LTD ..... Appellant
Through: None
versus
SARUPI DEVI & ORS ..... Respondents Through: Ms. Ananya Roy, Adv. for R-1
CORAM: HON'BLE MR. JUSTICE R.K.GAUBA O R D E R % 01.06.2018
CM 24737/2018 (for release of money)
For premature release of the amount put in the fixed deposit receipt, the tribunal may be approached first.
The application is disposed of with these observations.
R.K.GAUBA, J
JUNE 01, 2018 yg
2 issues framed by the court
Whether an application for premature release of fixed deposit amount can be disposed of by this Court without approaching the tribunal first.
What procedural step must be preceded before seeking the release of money placed in a fixed deposit receipt.
United India Insurance Co Ltd
Sarupi Devi
R.K. Gauba
As recorded by the court registry
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