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Banks cannot attach pension account to recover loan dues: Madras HC [Read Order]
Anju Cletus
9 Dec 2015 8:09 PM IST
While allowing a Writ Petition filed by Mrs. A. Muthuiruvakkal of Nagercoil in Kanyakumari district the Madras High Court Madurai Bench of Justice K. Ravichandrabaabu held that a Savings Bank Account maintained primarily for the purpose of depositing monthly pension amount could not be attached by a bank just because the account holder had defaulted repayment of a loan availed from...
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![Banks cannot attach pension account to recover loan dues: Madras HC [Read Order] Banks cannot attach pension account to recover loan dues: Madras HC [Read Order]](https://www.livelaw.in/cms/wp-content/uploads/2015/12/State-Bank-of-India-SBI-min.jpg)