M. Ranganayaki Ammal vs The Official Assignee Of Madras And Anr. on 23 January, 1930
15th July, 1955., which have been uniformly dissented from in subsequent cases including a case in the Bombay High Court, the consensus of judicial opinion is the same as that expressed in Ranganayaki Ammal v. The Official Assignee of Madras (1930) 61 M.L.J. 354 In our opinion there is no ground for reconsidering that decision. The answer to the question referred is that the immunity under Section 3(1) of the Act does not attach to moneys paid over to a subscriber or depositor from his Provident Fund.