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CALCUTTA HIGH COURT
Debangsu Basak, Md. Shabbar Rashidi, JJ
Sri Swapan Kumar Chatterjee @ Swapan K. Chatterjee @ Kaloo Chatterjee – Appellant
Versus
Punjab National Bank & ors. – Respondent
| Table of Content |
|---|
| 1. writ petition aimed to challenge dismissal regarding interest on matured deposits. (Para 1 , 2 , 5) |
| 2. bank denies interest citing non-renewal based on their published circular. (Para 3 , 4 , 12) |
| 3. the appellant faced legal challenges that hindered further action on the deposits. (Para 10 , 16) |
| 4. court advocates for entitlement to interest based on trustee obligations. (Para 17 , 18) |
For the Appellant : Mr. Chittapriya Ghosh, Advocate Ms. Aiswarjya Gupta, Advocate For the Bank : Mr. Pankaj Kumar Mukherjee, Advocate Heard on : 25.07.2025 Judgment on : 25.07.2025 DEBANGSU BASAK, J.:-
1. Appeal is at the behest of the writ petitioner and directed against an order dated May 19, 2025 passed in W.P.A. 3385 of 2025.
2. By the impugned order, learned Single Judge dismissed the writ petition. Learned Single found that, since, the two fixed deposits in question were not renewed bank was not liable to pay interest from the period of the date of maturity of the fixed deposit till its encashment.
3. Learned advocate appearing for the appellant submits that, appellant was not at fault in renewing the fixed deposit concerned prior to its maturity or subsequent thereto since, the two
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