Hima Raveendran v. Joint Registrar of Co-Operative Societies (General)
Case brief
What is this about?
Depositors sought release of fixed deposits and savings bank balances withheld by a co-operative bank. The court directed release of savings bank deposits, if any, upon withdrawal requests and relegated the parties to the statutory remedy under Section 69 for disputed fixed-deposit claims. The writ petitions were disposed of.
What did the court decide?
The Bank was directed to release the petitioners' savings bank deposits, if any, upon their approaching it for withdrawal.