Madras High CourtWP/20409/2023disposed of

P.Selvarajan v. Indian Bank

2023-07-10Honourable Mr Justice N. Seshasayee4 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 10.07.2023

CORAM

MR.JUSTICE N.SESHASAYEE P.Selvarajan ... Petitioner Vs.

Indian Bank Chetpet Branch No.812, Periyar EVR High Road Chennai 600010 Rep. by its Chief Manager ... Respondent PRAYER: The writ petition filed under Article 226 of the Constitution of India, for issuance of a writ of Mandamus, to direct the respondent bank to forthwith close the eight Fixed Deposits / Term Deposits the petitioner is having with the respondent bank and credit the proceeds therefrom including accumulated interest and maturity value to the savings bank account of D.Gangadevi in Account No.752843611 which she has with the respondent bank forthwith.

For Petitioner : Mr.P.K.Rajagopal For Respondent : M/s.N.Varsha for Aiyar & Dolia 1/4

ORDER

By consent, this writ petition is taken up for final disposal at the admission stage itself.

2.The petitioner's grievance is that he had requested the respondent Bank to close all his Fixed deposits and credit the amount lying in the fixed deposits to the account of one D.Gangadevi, who also has an account with the respondent Bank.

3.Learned counsel for the respondent on instructions informs the court that since the petitioner is a senior citizen and one who affixes only thumb impression and since the amounts are sought to be credited to the savings bank account of someone who is not his lineal descendant, the bank is apprehensive about the idea. The learned counsel submitted most of the eight fixed deposits are now matured .

4.Learned counsel for the petitioner submits that the bank may credit the entire amount standing in his fixed deposits in his account No.416481342. 2/4

5.In view of the statement made by the petitioner's counsel, the respondent is now required to credit all the amounts covered by those fixed deposits that are matured to the savings bank account of the petitioner bearing No.416481342 and also close other pre-matured fixed deposits and required to follow the same course.

6.This writ petition stands disposed of accordingly. No costs. 10.07.2023 kas Index : Yes / No To The Chief Manager Indian Bank Chetpet Branch No.812, Periyar EVR High Road Chennai 600010 N.SESHASAYEE, J.

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