- Court
- High Court of Madras
- Decided
- 3 August 2026
- Bench
- A.D.Maria Clete
- Case no.
- A 1818/2026
Judgment
ORDER This application has been filed by the petitioner, the mother and court-appointed guardian of S.R. Sarumathi, seeking permission to close Fixed Deposit TDR No.T20/MTDD/0062435 maintained with Indian Bank, D.B. Jain College Branch, and to utilise the amount for the medical, educational, training and maintenance expenses of S.R. Sarumathi.
¶2By order dated 23.02.2024 in O.P.No.59 of 2024, the petitioner was permitted to sell the one-third share of S.R. Sarumathi in the property left by her father and was directed to invest her share of the sale proceeds in a nationalised bank. Accordingly, a sum of Rs.7,00,000/- was deposited under the aforesaid TDR.
¶3The petitioner states that she is unemployed and is taking care of S.R. Sarumathi, who requires continuing medical care, education and special training. The petitioner in her additional affidavit has sought transfer of Rs.1,00,000/- every year to the joint Savings Bank Account No.7771309328 maintained in the names of the petitioner and S.R. Sarumathi, with permission to withdraw up to Rs.8,000/- per month towards such expenses. The remaining Page3 of 5 amount is to be redeposited in fixed deposit and the same arrangement is to continue every year.
¶4Having regard to the continuing medical, educational, training and maintenance needs of S.R. Sarumathi, the application, as modified by the additional affidavit dated 14.07.2026, is liable to be allowed on the following terms:
(i) Indian Bank, D.B. Jain College Branch, is directed to close the fixed deposit and transfer a sum of Rs.1,00,000/- every year to Savings Bank Account No.7771309328 jointly maintained in the names of the petitioner and S.R. Sarumathi.
(ii) The petitioner is permitted to withdraw from the said account an amount not exceeding Rs.8,000/- per month exclusively towards the medical, educational, training and maintenance expenses of S.R. Sarumathi.After such annual transfer, the balance amount, together with the accrued interest, shall be redeposited in fixed deposit in the name of S.R. Sarumathi, represented by the petitioner as her guardian.
(iii) The above arrangement shall continue every year.
¶5The application is allowed accordingly. No costs. Page4 of 5
¶6The Registry shall return the original Fixed Deposit Receipt bearing TDR No.T20/MTDD/0062435 to the petitioner, after retaining an authenticated copy on record and obtaining due acknowledgment. 03-08-2026 Index: Yes/No Speaking/Non-speaking order JRS To The Branch Manager, Indian Bank, D.B. Jain College Branch. AoNo.o1818oofo2026 DR.A.D.MARIAoCLETEoJ. JRS AoNo.o1818oofo2026 AND OPoNO.o59oOFo2024 03-08-2026 Page5oofo5
Case details
Parties and counsel
Page1 of 5 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 03-08-2026 CORAM THE HON'BLE DR.JUSTICE A.D.MARIA CLETE AND OP NO. 59 OF 2024 S.Rajeswari W/o.Late S.Sreenivasan, Residing at No.A-2, Viswam Flats, 215-A, Pillaiyar Koil Street, Okkiyam Thoraipakkam, Chennai - 600 097. appointed as lawful guardian vide order dated 27.11.2023 in A.No.6203/2023. ..Applicant(s) Vs No Respondent Nil ..Respondent(s) Prayer in A No. 1818 of 2026: Petition filed under Order 14 Rule 8 of O.S.Rules read with Sec. 151 of CPC, praying to pass an order allowing the petitioner for closure of Fixed Deposit TDR No.T20/MTDD/0062435 in A/c.No.7771309328, of the minor/special child share and transfer the FD amount of Rs.7,00,000/- to Savings account together with the interest by the bankers. For Applicant(s): M/S.S. Ananda Bagavathi Page2 of 5
Source: High Court of Madras, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.