https://www.taxtmi.com/caselaws?id=298196 A writ court should not convert a private contractual dispute involving banks and depositors into a binding public law enquiry merely because a public sector bank is involved. The SC held that constituting a committee with adjudicatory powers and treating its non-unanimous findings as decisive was unjustified on these facts. Where entitlement to fixed-deposit payments turned on serious disputed facts and allegations of fraud, final mandatory relief in writ jurisdiction was inappropriate. Limited protective directions for verification and release to societies found unconnected with the fraud were permissible, while the unconditional payment mandate was set aside and criminal proceedings were directed to be expedited. en-us Fri, 16 May 2008 00:00:00 +0530 Tue, 19 Oct 2021 18:00:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298196 A writ court should not convert a private contractual dispute involving banks and depositors into a binding public law enquiry merely because a public sector bank is involved. The SC held that constituting a committee with adjudicatory powers and treating its non-unanimous findings as decisive was unjustified on these facts. Where entitlement to fixed-deposit payments turned on serious disputed facts and allegations of fraud, final mandatory relief in writ jurisdiction was inappropriate. Limited protective directions for verification and release to societies found unconnected with the fraud were permissible, while the unconditional payment mandate was set aside and criminal proceedings were directed to be expedited. Case-Laws Indian Laws Fri, 16 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298196