Karuppasamy S v. The Branch Manager
Case brief
What is this about?
Article 226 mandamus; return of pledged gold jewels; deceased borrower Marikannu; father as legal heir; loan discharged with receipt; indemnity bond condition; four-week compliance period; Tamilnadu Mercantile Bank Puthur Branch; Account No.01710050300142; Loan Account No.150916; minor grandchildren in petitioner's custody; representation dated 16.05.2025; W.P.(MD)No.14774 of 2025; Madurai Bench of Madras High Court; Hemant Chandangoudar; decided 12.03.2026; pledge redemption after borrower's death.
What did the court decide?
Direction to the respondent (Branch Manager, Tamilnadu Mercantile Bank, Puthur Branch) to return the jewels pledged by the petitioner's deceased son Marikannu under Account No.01710050300142 (Loan Account No.150916) to the petitioner, subject to execution of an indemnity bond, the exercise to be completed within four weeks from the date of execution of the indemnity bond; no order as to costs.