RAJENDRA NATH MITTAL
Hindustan Commercial Bank Ltd. – Appellant
Versus
Jagtar Singh – Respondent
, J.
1. This appeal has been preferred by the defendant against the judgment and decree of the Senior Subordinate Judge, Jullundur, dated March 30, 1962.
2. The facts giving rise to the present appeal are that an amount of Rupees 20,097/14/- was deposited in Fixed Deposit vide receipt No. 916/54/47, dated July 11, 1947, in favour of Karamjit Singh, minor deceased, son of Shri Jagtar Singh through Smt. Iqbal Kaur widow of Shri Ajit Singh of Chak No. 132/R. B., Sahuwalia, district Lyallpur, with the Hindustan Commercial Bank Ltd., Jullundur City, hereinafter referred to as the Bank, for a period of twelve months. The amount carried interest at the rate of 2 3/4% per cent, per annum. Karamjit Singh thereafter died. Jagtar Singh plaintiff obtained a succession certificate for the said amount and interest from the Court on January 20, 1951. Smt. Iqbal Kaur instituted a suit on January 24, 1951, in the Court of Subordinate Judge 1st Class, Jullundur, against the plaintiffs, the Bank and the Punjab National Bank Ltd., Jullundur City, with whom another amount of Rupees 17,150/- had been deposited in Fixed Deposit vide receipt dated February 17, 1947, in the name of Karamjit Singh m
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