The Court allowed a writ petition filed by an Assistant against his bank to recover a sum of Rs.29,920 lost during disputed surcharge proceedings, downgraded by a Tribunal order dismissed by a prior Bank Writ Petition. Relief includes refund with 6.75% interest.
Refund of Rs.29,920 plus interest at 6.75% from the date of recovery until actual payment.
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 07.02.2020
CORAM:
THE HONOURABLE Mr. JUSTICE N. ANAND VENKATESH
W.P.No.2210 of 2020
A.Veerannan ... Petitioner
-VsThe Managing Director, Chennai Central Co-operative Bank, 215, Pragasam Salai, Chennai 600 108 ...Respondent Prayer : Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus directing the respondent to refund the amount of Rs.29,920/recovered by way of surcharge from the petitioner together with appropriate interest thereon. For Petitioner : Mr.C.S.Kiran For Respondents : Mr.L.P.Shanmuga Sundaram Special Government Pleader ORDER
Prayer : Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus directing the respondent to refund the amount of Rs.29,920/recovered by way of surcharge from the petitioner together with appropriate interest thereon.
This writ petition has been filed for the issue of writ of Mandamus, directing the respondent bank to refund the amount of Rs.29,920/- recovered from the petitioner, by way of surcharge with appropriate interest, till the date of settlement.
Sd/-
Assistant Registrar(CS VIII)
//True Copy//
Sub Assistant Registrar
rka
To
The Managing Director,
Chennai Central Co-operative Bank,
215, Pragasam Salai,
Chennai 600 108.
+1cc to Mr.C.S.Kiran, Advocate Sr.9867
+1cc to Mr.L.P.Shanmugasundaram, Advocate Sr.10472
W.P.No.2210 of 2020
nmI[co]
srg 30/07/2020
1 issue framed by the court
Whether the respondent bank is liable to refund the surcharge amount recovered from the petitioner after the Tribunal order setting aside such recovery was confirmed by this Court.
1 provisions across 1 enactments
A.Veerannan
The Managing Director, Chennai Central Co-operative Bank
N. Anand Venkatesh
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
