KESHAB NARAYAN BENERJEE Vs. SRIJIT DUTTA GUPTA

JUDGEMENT

(1.) THE Court: By this application, the petitioner has prayed for the following relief:

(2.) THE facts giving rise to filing of this application may be precised thus:

(3.) IN this application, it is alleged that there are altogether 36 fixed deposit receipts with the Rash Behari Avenue Branch of the State Bank of India. In case of 16 such deposits, the State Bank of India had paid cumulative interest all throughout the period. However, in respect of the other 20 fixed deposits, only a simple interest has been paid between the year, 1991 and 2002 and thereafter, on the cumulative basis for the period from the years 2002 to 2005. So far the transaction with the State Bank of India, Grey Street Extension branch is concerned, there are altogether 12 fixed deposit receipts. According to the petitioner, the said branch, in total disregard of the order dated July 10, 1984 mentioned above, has paid only simple interest all throughout. This branch, apart from committing the aforesaid violation of the order, is not paying quarterly interests in respect of these 12 fixed deposit receipts in contrast with the Rash Behari Avenue Branch which has paid quarterly interest in June, 2005, taking March 18, 2005, as the date of commencement of the deposit having regard to the date on which the order was passed by this Court while disposing of the earlier applications for contempt. According to the petitioner, the said grey Street Extension Branch has also violated the order dated March 18, 2005 by renewing four out of the said 12 fixed deposit receipts on cumulative basis thereby denying regular interest to the petitioner as per direction of this court.