Supreme Court of India
Anumati v. Punjab National Bank
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Banking : Fixed deposit-Jointly owned with an 'either or survivor' clause- Pledge by one of them to bank for a loan-Adjustment by bank against that loan_:..correctness of-Held: 'Either or survivor' clause was a tripartite agreement between joint account holders inter se and bank that it may be paid on maturity only to either of them-It could not be bilaterally modified by one of them by pledging with any third party including the Bank itself in its capacity as creditor, so that the amount becomes payable to such third party, without the authority, knowledge or concurrence of other account
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.