https://www.taxtmi.com/caselaws?id=299349 The governing Monthly Income Scheme rules required premature closure only on the depositor's application, and the use of a withdrawal form could not substitute that mandatory step. On the facts, the postal authorities' premature closure of the accounts was contrary to the Rules and amounted to deficiency in service. The governing instructions also required payment by cheque where maturity proceeds exceeded the prescribed cash limit; cash payment on request was not shown to be a lawful exception. That deviation was likewise treated as service deficiency, and the compensation and consequential relief granted to the depositor were sustained. en-us Thu, 20 Dec 2007 00:00:00 +0530 Fri, 10 Dec 2021 12:52:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299349 The governing Monthly Income Scheme rules required premature closure only on the depositor's application, and the use of a withdrawal form could not substitute that mandatory step. On the facts, the postal authorities' premature closure of the accounts was contrary to the Rules and amounted to deficiency in service. The governing instructions also required payment by cheque where maturity proceeds exceeded the prescribed cash limit; cash payment on request was not shown to be a lawful exception. That deviation was likewise treated as service deficiency, and the compensation and consequential relief granted to the depositor were sustained. Case-Laws Indian Laws Thu, 20 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299349