Case Law Details
Rajnikant Punjalal Shah Karta of Rajnikant Punjalal Shah HUF Vs Manager, Bank of Baroda (Gujarat High Court)
HC held that It is not in dispute that respondent Bank have withdrawn/debited amount of Rs.85,380/- from the PPF Account of the petitioner. It is well settled proposition of law that the amount of Public Provident Fund account shall not be liable to any attachment in respect of any debt or liability incurred by the account holder. Thus, the action of the respondent Bank of withdrawing/debiting the aforesaid amount from the PPF Account of the petitioner is illegal and unjustified.
FULL TEXT OF THE JUDGMENT/ORDER OF GUJARAT HIGH COURT
1. Rule. Learned advocate Ms.Nalini Lodha waives service of notice of rule for and on behalf of the respondent-Bank.
2. The Brief facts of the case are as under:
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