https://www.taxtmi.com/caselaws?id=199536 An assignee of a depositor's claim may enforce a call deposit in its own name when the assignment is proved and the bank has notice of the demand. A bank cannot invoke banker's lien or set-off against that deposit unless there is mutuality of obligation and identity of parties in the same capacity; a deposit in one partnership account cannot be adjusted against dues of a different partnership lacking reciprocity. Limitation runs from the date the demand becomes enforceable against the bank, not from earlier release of security, so the suit was treated as within time under Article 60 of the Limitation Act. en-us Thu, 26 May 1960 00:00:00 +0530 Tue, 06 Mar 2018 13:10:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199536 An assignee of a depositor's claim may enforce a call deposit in its own name when the assignment is proved and the bank has notice of the demand. A bank cannot invoke banker's lien or set-off against that deposit unless there is mutuality of obligation and identity of parties in the same capacity; a deposit in one partnership account cannot be adjusted against dues of a different partnership lacking reciprocity. Limitation runs from the date the demand becomes enforceable against the bank, not from earlier release of security, so the suit was treated as within time under Article 60 of the Limitation Act. Case-Laws Indian Laws Thu, 26 May 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199536