Authority: High Court of Judicature at Madras
Order Date: 03-08-2026
Case Overview
- Petitioner: S. Rajeswari, mother and court‑appointed guardian of minor S.R. Sarumathi, residing at No.A-2, Viswam Flats, 215-A, Pillaiyar Koil Street, Okkiyam Thoraipakkam, Chennai‑600097.
- No respondent. Application filed under Order 14 Rule 8 of O.S. Rules read with Sec.151 of CPC, seeking closure of Fixed Deposit TDR No.T20/MTDD/0062435 (A/c.No.7771309328) maintained with Indian Bank, D.B. Jain College Branch, and transfer of the amount for the minor’s expenses.
- Earlier order dated 23.02.2024 (O.P.No.59 of 2024) permitted sale of one‑third share of the minor’s inherited property and directed investment of the proceeds (Rs 7,00,000) in a nationalised bank as a TDR.
- Petitioner, unemployed and caring for the minor who requires ongoing medical care, education and special training, requested annual transfer of Rs 1,00,000 to the joint Savings Bank Account No.7771309328, with a withdrawal limit of Rs 8,000 per month for such expenses; the balance to be redeposited in a fixed deposit each year.
Final Outcome
- The court, considering the minor’s continuing needs, orders Indian Bank, D.B. Jain College Branch, to close the fixed deposit TDR and transfer Rs 1,00,000 each year to the joint Savings Account No.7771309328.
- The petitioner may withdraw up to Rs 8,000 per month from this account exclusively for medical, educational, training and maintenance expenses of S.R. Sarumathi.
- After each annual transfer, the remaining balance together with accrued interest shall be redeposited in a fixed deposit in the name of the minor, represented by the guardian.
- The arrangement shall continue annually. No costs awarded.
Topics: Court Order, Minor Welfare, Banking