https://www.taxtmi.com/caselaws?id=195190 The court interpreted instructions for fund transfer to a bank branch, determining a fiduciary relationship between the plaintiff and the bank. Funds were held in trust, not as a deposit under a scheme of arrangement. The court dismissed the bank's appeal, affirming the trial court and the High Court's decisions. The bank was obligated to return the funds to the plaintiff in full, emphasizing the importance of specific instructions and the bank's fiduciary duties in fund handling. The judgment clarifies legal principles on depositor-bank relationships in fund transfer cases and the impact of court-sanctioned schemes on such claims. en-us Wed, 20 Dec 1961 00:00:00 +0530 Wed, 18 Oct 2017 12:49:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195190 The court interpreted instructions for fund transfer to a bank branch, determining a fiduciary relationship between the plaintiff and the bank. Funds were held in trust, not as a deposit under a scheme of arrangement. The court dismissed the bank's appeal, affirming the trial court and the High Court's decisions. The bank was obligated to return the funds to the plaintiff in full, emphasizing the importance of specific instructions and the bank's fiduciary duties in fund handling. The judgment clarifies legal principles on depositor-bank relationships in fund transfer cases and the impact of court-sanctioned schemes on such claims. Case-Laws Indian Laws Wed, 20 Dec 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195190