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Court Rules No Interest Payable on Frozen Current Account; Bank Not Obligated to Convert to Fixed Deposit.

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Full Text of the Document

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....Recovery of demand through bank - current account was frozen - whether the bank is bound to keep the amount lying to the credit of the current account of the Plaintiff in a Fixed Deposit. - No interest is payable on a current account or an account in the nature of a current account - HC....

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