https://www.taxtmi.com/caselaws?id=11209 The court granted the petitioner's application for clarification/modification of a previous order appointing a bank manager as a receiver. The bank did not contest refunding the sums with interest, leading to the petitioner being entitled to interest at the nationalized bank rate. The court directed the bank to release the sum with interest to the petitioner, treating the matter as a review subject to payment of court fees. The judgment emphasized the petitioner's entitlement to interest based on the bank's non-appearance and lack of objection, in line with Section 34 of the Civil Procedure Code. en-us Tue, 22 Jul 2003 00:00:00 +0530 Sat, 01 Aug 2009 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11209 The court granted the petitioner's application for clarification/modification of a previous order appointing a bank manager as a receiver. The bank did not contest refunding the sums with interest, leading to the petitioner being entitled to interest at the nationalized bank rate. The court directed the bank to release the sum with interest to the petitioner, treating the matter as a review subject to payment of court fees. The judgment emphasized the petitioner's entitlement to interest based on the bank's non-appearance and lack of objection, in line with Section 34 of the Civil Procedure Code. Case-Laws Income Tax Tue, 22 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11209