A.Abdul Rasheed v. Canara Bank
Case brief
What is this about?
WP (C) No. 3250 of 2008. Petitioner President of a Society availed loan from Bank 1st respondent with subsidy from KVIB 2nd and 3rd respondents and KVIC 4th respondent. High Court directed Bank to return Rs. 3,65,205/- + interest retained in joint account to petitioner and issue necessary instructions to 4th Respondent.
What did the court decide?
The 1st Respondent Bank directed to return Rs. 3,65,205/- with interest lying in joint account of Petitioner and 4th Respondent to Petitioner within one month.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT:
THE HONOURABLE SMT. JUSTICE P.V.ASHA
FRIDAY, THE 5TH DAY OF AUGUST 2016/14TH SRAVANA, 1938
WP(C).No. 3250 of 2008 (J)
PETITIONER(S):
A. ABDUL RASHEED, PRESIDENT, M/S. BADHIRIYA DEVELOPMENT SOCIETY NO.291/94, NEDUMPANA, KOLLAM.
BY ADVS.SRI.R.KRISHNA RAJ, SMT.N.K.MAYA.
RESPONDENT(S):
1. CANARA BANK, ADICHANALLOR BRANCH.
2. KHADI & VILLAGE INDUSTRIES BOARD, THIRUVANANTHAPURAM.
- *3. NABARD, THIRUVANANTHAPURAM. (CORRECTED)
Issues for consideration
2 issues framed by the court
Whether the petitioner is entitled to the retention amount lying in the joint account with the 4th Respondent along with interest.
Whether the 4th Respondent is directed to assist in releasing such retention amount to the petitioner.
Parties & counsel
- petitioner
A. ABDUL RASHEED
- respondent
CANARA BANK
- respondent
KHADI & VILLAGE INDUSTRIES BOARD
- respondent
NABARD
- respondent
KHADI COMMISSION
Case details
As recorded by the court registry
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