Union Bank Of India vs K.V. Venugopalan And Ors. on 11 January, 1990
12. Decisions in R.K. Agencies Ltd. v. Central Bank of India , Union Bank of India v. K.V. Venugopalan ; and Brahmayya & Co. v. K.P. Thangavelu Nadar and Ors. AIR 1956 Madras 570 relied upon by Ms. Khatra are of no assistance to the respondent. Order of State Commission directing refund of the amount of above FDR with interest being legally erroneous deserves to be set aside.