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    <title>2017 (11) TMI 1972 - KERALA HIGH COURT</title>
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    <description>A writ petition under Article 226 was held maintainable to seek release of matured fixed deposit amounts from a co-operative society carrying on banking business under statutory supervision, because the Registrar&#039;s regulatory control and the society&#039;s public law character supported writ jurisdiction. On the merits, the fixed deposit liability was undisputed and the receipts showed repayment on maturity, so the petitioner was found entitled to payment. The Court therefore allowed the writ petitions and issued a mandatory direction to pay the matured deposit amounts within the time fixed.</description>
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      <title>2017 (11) TMI 1972 - KERALA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=298401</link>
      <description>A writ petition under Article 226 was held maintainable to seek release of matured fixed deposit amounts from a co-operative society carrying on banking business under statutory supervision, because the Registrar&#039;s regulatory control and the society&#039;s public law character supported writ jurisdiction. On the merits, the fixed deposit liability was undisputed and the receipts showed repayment on maturity, so the petitioner was found entitled to payment. The Court therefore allowed the writ petitions and issued a mandatory direction to pay the matured deposit amounts within the time fixed.</description>
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      <pubDate>Fri, 24 Nov 2017 00:00:00 +0530</pubDate>
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