- Court
- High Court of Madras
- Decided
- 7 July 2026
- Bench
- K. Surender
- Case no.
- WP 32287/2022
Judgment
ORDER This Writ Petition is filed by the petitioner-Society seeking direction to the first respondent to pay 12% interest per annum on the balance available in the petitioner-Society's Current Account from August 2018 to this date and to de-freeze the petitioner-Society's Account TNSC Bank Current A/c.No.222300218 and SB.A/c.No.222011624. Two Accounts of the Bank were frozen after a legal notice was received by the Bank. Page3 of 4
¶2The facts of the case are that, the petitioner-Society was running two Accounts, namely, TNSC Bank Current A/c.No.222300218 and SB.A/c.No.222011624. The first respondent-TNSC Bank de-freezed the said Accounts in December 2022 immediately after this Writ Petition was filed.
¶3The grievance of the petitioner-Society now is that the petitioner has to be paid interest on the amounts lying in the Accounts during the period which the petitioner-Society could not operate their Accounts due to the freezing of the Accounts.
¶4Since the basis for freezing the said Accounts, is a legal notice, which has no legal sanctity, the first respondent realised their folly and de-freezed the said Accounts of the petitioner-Society. However, during the said period, the interest rate as applicable in accordance with the Bank Rules, has to be paid by the first respondent-TNSC Bank to the petitioner-Society.
¶5With the above observations and direction, this Writ Petition is closed. There shall be no order as to costs. (K.SURENDER, J) 07-07-2026 cs Page4 of 4 K.SURENDER, J cs W.P.No.32287 of 2022
07.07.2026
Case details
Parties and counsel
Page1 of 4 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 07-07-2026 CORAM THE HON'BLE MR.JUSTICE K. SURENDER -- Madras Society for the Protection and Care of Animals rep. by its Authorized Treasurer, M.Manikhavel, 67/34, Vepery High Road, Vepery, Chennai-600 007. ..Petitioner Vs. 1. TNSC Bank, Periayamedu Branch, 34, Vepery High Road, Vepery, Periyamedu, Chennai-600 007. 2. The Managing Director, Tamil Nadu State Apex Co-operative Bank Ltd., No.4, NSC Bose Road, Chennai-600 001. 3. The General Manager (Operations) Tamil Nadu State Apex co-operative Bank Ltd., No.4, NSC Bose Road, Chennai-600 001. 4. The Asst. General Manager Tamil Nadu State Apex co-operative Bank Ltd., No.4, NSC Bose Road, Chennai-600 001. 5. The Chief Manager, Tamil Nadu State Apex cooperative Bank Ltd., 67/34, Vepery High Road, Perimet Branch, Vepery, Chennai-600 007. 6. Mrs.K.Vijayalakshmi formerly the Chief Manager, TNSC Bank Ltd., Periamet Branch, presently the Chief Manager, Tamil Nadu State Apex Co-operative Bank Ltd. Page2 of 4 New No.129, Old No.55, Medavakkam Tank Road, Near Vijaya Physiotherapy, Kellys, Chennai-600 010. 7. Mr.Nandhakumar, The Chief Manager (Legal Department) Tamil Nadu State Apex Co-operative Bank Ltd., No.4, NSC bose road, Chennai-600 001. ..Respondent(s) Writ Petition filed under Article 226 of the Constitution of India, praying for issuance of a Writ of Mandamus directing the 1st respondent to pay 12% interest per annum on the balance available in the petitioner-Society's current account from Aug, 2018 to this date and to defreeze the petitioner-Society account TNSC Bank Current A/c.No.222300218 and SB A/c No.222011624. For Petitioner : Mr.S.R.Sundar For Respondent(s): Mr.R.Chakkaravarthy for RR-1 to 5
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