5 December 2022


Madras HC: Banks Cannot Attach Savings Account Opened for Depositing Pension to Recover Loan - 03.12.2015

Madras High Court has held that Savings Bank Account maintained primarily for purpose of depositing monthly pension amount could not be attached by a bank just because account holder had defaulted repayment of a loan availed from the same bank.

Tags : Madras High Court Savings Bank Account

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