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Stay order in case bank freezed the pension account
22-Feb-2023 (In Banking / Finance Law)
My pension account is friged by bank to recover due from borrower who has I am guarenter is bank step right to unfrige account can I take court stay order
Dear Client,
The High Court Madras has held that A Savings Bank account maintained primarily for the purpose of depositing monthly pension amount could not be attached by a bank just because the account holder had defaulted repayment of a loan availed from the same institution.
You need to go hard on the bank.
Expert Jurist LLP
The High Court Madras has held that A Savings Bank account maintained primarily for the purpose of depositing monthly pension amount could not be attached by a bank just because the account holder had defaulted repayment of a loan availed from the same institution.
You need to go hard on the bank.
Expert Jurist LLP
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