Member (Account Deleted)
17 September 2012 at 23:02
1. A has a bank account in form of FDR deposits, apart from that A and B have one joint account too, B commits some illegal withdrawal due to which that account as well as A’s FDR account is also freezed by bank. What can be the arguments from bank side? Does bank has a right to exercise general lien over FDR accounts also when the fault is only joint account?
2. Can FDR deposited in a bank be considered as bailment?
ahamedsheriff
17 September 2012 at 20:58
Dear Experts,
I am a CA Student and i have cleared my PCC(Inter) and i wanted to do 3 yr BL/LLB course... Is that CA PCC eligible for admission.
sumesh
17 September 2012 at 19:49
Hi,
how can I chane my step mother's name from my sslc certificate,which was added there by mistake insted of my real mother's name.The certificate was issued by the Board of higher secondary Examination,Kerala.Any one know the procedure of changing the name please help me...
s m alim
17 September 2012 at 18:05
sir mai pg kar rha tha jise break kardia tha or job mai agaya pg mai stipend bhi milta tha bond bhi bhra tha mujhe chutti nahi mil saki 3 saal se phle job se islie join nahi kar saka par university k rule k hisab se 6 saal ma complete kar sakta hu or join na karne ki wja se audit ki wja se recovery letter mere department aae recovery k par mujhe dubara join karna tha islie delay karta rha. ab leave milgai hai or applicatin pg ki underprocess hai time lag rha hai. par department wale recovery karna chahte hai mai kuch din k lie recovery par stay chahta hu bger kisi par case hue k kuch time mil jae mujhe agr admission nhi hua to mai recovery ko tayyar hu.
mayank
16 September 2012 at 18:15
WHAT IS ROLE OF EXPERT DETERMINATION ?
rakesh
15 September 2012 at 22:14
what is the prospect of a law graduate in corporate sector ? what other discipline in addition to law would make the prospects better?
Member (Account Deleted)
15 September 2012 at 12:23
Divisional Bench gave this judgement in a special appeal filed for the recruitment of physiotherapists in uttarakhand.
We, accordingly, allow the appeal and modify the
judgment and order under appeal by upholding the quashing of
concerned merit list of Physiotherapists prepared by the Board, but at
the same time, direct the Board to reject all those examinees, who
appeared in the examination for being appointed as Physiotherapists,
but not received 30% marks in diploma examination and to complete
the selection of Physiotherapists by adding to the marks obtained by
the fit examinees in the written examination, 30% marks for
intermediate examination and 70% marks for diploma / degree
examination. Let the said exercise be completed as quickly as
possible, but not later than two months from the date of service of a
copy of this order upon the Board.
Sir i want your help to interpret this judgement.please reply,thanks
i have attached the whole judgement for refrence.
Member (Account Deleted)
14 September 2012 at 18:57
Can there be any help regarding the govt. websites or department which assign the research work and gives remuneration for that?
Manoj Jain
14 September 2012 at 15:12
Dear Sir,
Please suggest me that i have completed my graduation in 1995, and now I desire to Admission in Law , is it possible after 17 years of gap , please suggest.
Manoj jain
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Query
CONTRACTS
The petitioner was a teacher and he retired from employment on 31.12.2008. The petitioner received an amount of Rs. 4,69,239 vide A/C Payee cheque dated 28th June, 2009 of the State Bank of India .petitioner invested this money as deposited in the A/C No. 81 of the Ramgarh Branch of the State Bank of India in the following order.
__________________________________________________________________
Date Nature of Investment Date of Maturity Amount Invested __________________________________________________________________
19.7.2010 Fixed Deposit in A/C No. 359. (One year) 19.7.2011 Rs. 1,75,600
24.7.2010 Fixed Deposit In A/C No. 374/96 (One year) 24.7.2011 Rs. 1,50,000
24.4.2010 Fixed Deposit in A/c No. 199/96 (66 months) 24.1.2014 Rs. 1,30,316
23.11.2010 Fixed Deposit in A/c No. 407/95 (72 months) 23.11.2016 Rs. 13323
All the above mentioned bank accounts stand in the name of the petitioner and the money so deposited were his receipt of terminal benefits meant for his maintenance in his retired life.
Ganesh,son of the petitioner was Clerk of the Ramgarh Branch of the State Bank of Maharastra, and along with son also he had a Joint Account in the Bank.The son was involved in some illegal withdrawal of money from the Joint Account and that was detected in the latter part of 2009 and that Joint Account was freezed.
State Bank of India stated that some fraudulent credit entries have been made in petitioners Joint Savings Bank A/c. Moneys so credited have also subsequently been withdrawn from the account. The matter is under detailed scrutiny presently. The State Bank of India further conveyed that it is not possible for bank to effect any payment from the aforesaid State Bank Acc. as well as from his other accounts with them till the investigation is over.
For and on behalf of the State Bank of India, it was stated in that letter that not only the Joint Account will be freezed, but the other accounts also will not be operated till the investigation is over.
The Bank further stated that they are not in a position to restore fund to any account.
When the demand for the payment of money was made by the petitioner but it was not done. Thereafter the petitioner went to the Jharkhand High Court and filed the writ for the relief.
ISSUE
1. Whether on the facts of this case it can be said that the Bank has a lien over the F.D.R and the accounts for the alleged wrong/mischief with regard to joint account with his son for which an investigation is in progress?
2. Whether the writ is maintainable in the present fact of the case?
Any argument from banks side would be worth appreciating.