Court Orders Bank to Release Hold on Petitioner's PPF Account The court directed respondent no.2, the bank, to lift the hold on the petitioner's PPF account as per the prayers made in the writ petition. The writ ...
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Court Orders Bank to Release Hold on Petitioner's PPF Account
The court directed respondent no.2, the bank, to lift the hold on the petitioner's PPF account as per the prayers made in the writ petition. The writ petition was disposed of accordingly, with the Registry instructed to upload the communication dated 21.09.2021 for record purposes. The parties were directed to act based on the digitally signed copy of the order for compliance.
Issues: 1. Freezing of PPF account by respondents 2. Prayers for mandamus order to defreeze/unblock PPF account and disburse the amount
Analysis: - The petitioner sought a writ of mandamus to direct the respondents to defreeze/unblock the PPF account and disburse the deposited amount of INR 11,97,522. The petitioner's advocate highlighted Annexure-P1, indicating the freezing of the account based on a communication dated 21.09.2021. - It was noted that the letter from respondent no.1 sought to recover government dues from a different account, not the PPF account mentioned in the prayers of the writ petition. - Consequently, it was clarified that respondent no.1 did not intend to freeze the PPF account, which differs from the account mentioned in the communication dated 21.09.2021. - The court directed respondent no.2, the bank, to lift the hold on the petitioner's PPF account as per the prayers made in the writ petition. - The writ petition was disposed of accordingly, with the Registry instructed to upload the communication dated 21.09.2021 for record purposes. - The parties were directed to act based on the digitally signed copy of the order for compliance.
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