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    <title>2012 (7) TMI 1063 - MADRAS HIGH COURT</title>
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    <description>The court found in favor of the petitioner, holding the bank officials guilty of negligence and fraud in the unauthorized withdrawal of fixed deposits. It deemed the writ petition maintainable against the bank and ruled in favor of the petitioner, directing the bank to pay the fixed deposit proceeds with interest. The court imposed an exemplary cost on the bank for misleading the court.</description>
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    <pubDate>Mon, 23 Jul 2012 00:00:00 +0530</pubDate>
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      <description>The court found in favor of the petitioner, holding the bank officials guilty of negligence and fraud in the unauthorized withdrawal of fixed deposits. It deemed the writ petition maintainable against the bank and ruled in favor of the petitioner, directing the bank to pay the fixed deposit proceeds with interest. The court imposed an exemplary cost on the bank for misleading the court.</description>
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