Arnab Kumar Sarkar vs Smt. Reba Mukherjee And Ors. on 10 November, 2006
read along with proviso of Section 45ZB and that of Sub-section (4) of Section 45ZA which have protected the right of any lawful person ... receipt, the bank is discharged. Sub-section (4) confirms such discharge.
45. But Sub-section (4) of Section 45ZA carries a proviso which