Co-operative society fined for refusing to encash FD amount

  • | Sunday | 22nd September, 2019

She said she went to withdraw the amount from her account on November 11, 2006, but the society issued another fixed deposit of the same amount with account No. 5740 and a new passbook for the fixed deposit account after deducting Rs 1,000 illegally. She said her husband died on May 21, 2012, and after his death, she became the sole owner and beneficiary of the above said account and fixed deposit. And that the above said fixed deposit of complainant would be encashed as and when the amount is recovered from them. No receipt of payment of Rs 5,75,000 is annexed with the complaint which could show that the complainant deposited Rs 5,75,000 with the opposite party.

Read Full Article Here

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

NYOOOZ FRIEND

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.


Stay updated with all the Latest Jalandhar headlines here. For more exclusive & live news updates from all around India, stay connected with NYOOOZ.

Related Articles