Private Banks Not Amenable to Writ Jurisdiction; ₹50,000 Cost Imposed on South Indian Bank Set Aside: Kerala High Court
The Kerala High Court clarified the limits of writ jurisdiction under Article 226 of the Constitution of India while dealing with a dispute involving a private commercial bank. The Court set aside a Single Bench order which had imposed a cost of ₹50,000 on South Indian Bank for failing to return original title deeds even nine years after closure of a joint loan account. The Division Bench held that a…