Disposed

Satya Ranjan Sinha v. The Chief Manager, State Bank Of India and Anr.

Patna HC4 May 2017CWJC/16607/2015

Case brief

AI extract

What is this about?

Petitioner sought release of funds belonging to his deceased father. Court directed petitioner to fulfill bank's formal requirements for claim release and authorized bank to invest funds in interim pending finalization.

What did the court decide?

Petitioner directed to fill form and file records; Bank obliged to release money; Bank authorized to invest funds in interim.

Satya Ranjan Sinha Vs The Chief Manager, State Bank Of… — Banking and Recovery | Patna HC (2017)

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IN THE HIGH COURT OF JUDICATURE AT PATNA

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Civil Writ Jurisdiction Case No.16607 of 2015

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=========================================================== Satya Ranjan Sinha (Advocate), Son of Late Girja Shankar Singh, at present residing at Sector-7, Block-2, Flat no. 34, H.I.G., Bahadurpur Housing Colony, P.S. Agam Kuan, Bhootnath Road, Kankarbagh, Patna-26, Sitting Place- Room No.3, Lawyer's Association, Patna High Court.

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.... .... Petitioner/s

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Versus

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The Chief Manager, State Bank of India, Main Branch, Near Biscomaun Bhawan, Gandhi Maidan, Patna.

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The Branch Manager, State Bank of India, Biharsharif Branch, Nai Sarai, BIharsharif, District- Nalanda, Pin-803101.

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.... .... Respondent/s

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=========================================================== Appearance : For the Petitioner/s : Mr. Kamala Prasad Roy, Adv. For the Respondent/s : Mr. Kaushlendra Kumar Sinha

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=========================================================== CORAM: HONOURABLE MR. JUSTICE SHIVAJI PANDEY ORAL JUDGMENT Date: 04-05-2017

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Heard learned counsel for the petitioner and counsel for

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the State.

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In this case the petitioner is seeking release of the amount which is standing in the name of his father late Girja Shankar Singh, who died on 10.2.2006.

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Learned counsel for the petitioner submits that he has approached to the Bank but, he has got no fruitful result.

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Learned counsel for the Bank submits that the petitioner must approach to the Branch Manager, State Bank of India, Biharshariff Branch, Nai Sarai, Biharshariff, Nalanda and fill up the form and also satisfy certain terms and conditions which is obligatory

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Patna High Court CWJC No.16607 of 2015 dt.04-05-2017

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for release of the money to the petitioner and other heirs.

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If the petitioner fills up the form and files relevant records, the Bank will be obliged to release the money without delay.

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In the meantime, if permissible, the Branch Manager, State Bank of India may invest the money, in question, which is earning the maximum interest.

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With the aforementioned observation, this application is disposed of.

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(Shivaji Pandey, J)

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Rishi/-

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Satya Ranjan Sinha v. The Chief Manager, State Bank Of India and Anr.

Case brief

What is this about?

What did the court decide?

Satya Ranjan Sinha v. The Chief Manager, State Bank Of India and Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

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