HIGH COURT OF KERALA
GOPINATH P, J
THE FEDERAL BANK LTD. – Appellant
Versus
SMT.RANJINI GEORGE – Respondent
| Table of Content |
|---|
| 1. background facts of the case (Para 1 , 2 , 3) |
| 2. arguments regarding jurisdiction and award legality (Para 4 , 5 , 6) |
| 3. court's analysis of jurisdictional issues (Para 8 , 9 , 10) |
| 4. finding on time limitation and pecuniary jurisdiction (Para 11) |
| 5. order quashing the banking ombudsman's award (Para 12) |
JUDGMENT
The petitioners are the respondents in a complaint preferred by the 1st respondent before the Banking Ombudsman (3rd respondent) appointed under the Banking Ombudsman Scheme, 2006 (hereinafter referred to as '2006 Scheme') issued by the Reserve Bank of India.
2. The brief facts necessary for the adjudication of issues arising for consideration in this Writ Petition are as follows:
The 2nd respondent was the husband of the 1st respondent.
They are now stated to be divorced. While both of them were working abroad, the 1st respondent made two Foreign Currency Non-Resident (FCNR) Deposits for the benefit of the minor son of respondents 1 and 2. Both these deposits were made on 06.04.2002 for a period of three years. The amounts in the deposit were for a total sum of US Dollars $19,050. These deposits were renewed from time to time. It appears from the reply filed b
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