T.S.SIVAGNANAM, S.ANANTHI
Managing Director, REPCO Bank, “Repco Tower”, Repco Bank Ltd. , Chennai – Appellant
Versus
P. Ponnupandi – Respondent
JUDGMENT :
T.S. SIVAGNANAM, J
(Prayer: Writ Appeal filed under Clause 15 of Letters Patent to set aside the order, dated 08.07.2019, passed in Rev.Apl.W.(MD) No.57 of 2019 in W.P.(MD) No.3852 of 2019, on the file of this Court.)
1. This writ appeal by the REPCO Bank is directed against the order dated 08.07.2019, passed in Rev.Apl.W.(MD) No.57 of 2019 in W.P.(MD) No. 3852 of 2019, filed by the respondent herein.
2. For the sake of convenience, the parties shall be referred to as the “appellant – Bank” and “petitioner” respectively.
3. The petitioner filed the writ petition praying for issuance of a writ of certiorarified mandamus to quash the communication issued by the appellant – Bank, dated 04.02.2019, informing him that his father Late.Sri.A.Pazhanivel had made five fixed deposits in the Bank and appointed the petitioner as a nominee. The details of the account, amount, date of deposit and date of maturity were also given. Further, the petitioner was informed that his father was the guarantor / co-borrower in respect of five loan accounts and that a general lien has been marked by the Bank over the fixed deposits of the petitioner's father for the loan accounts, wherein he was the b
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