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Madras HC: Banks Cannot Attach Savings Account Opened for Depositing Pension to Recover Loan - (03 Dec 2015)

Madras High Court has held that Savings Bank Account maintained primarily for purpose of depositing monthly pension amount could not be attached by a bank just because account holder had defaulted repayment of a loan availed from the same bank.

Tags : MADRAS HIGH COURT   SAVINGS BANK ACCOUNT  

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