The Delhi High Court on Monday directed the administrators of Punjab and Maharashtra Co-operation (PMC) Bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies. The court also directed the petitioner to submit the list of depositors before administrators, which included medical and educational emergencies within three weeks. The Bench of Justice DN Patel and Justice Jyoti Singh said, We direct the depositors to approach the administrators of PMC Bank giving the need in detail, for which they would require the money. Administrator to decide within two weeks. They would inform the decision through an affidavit.
Delhi HC directs PMC Bank to consider afresh applications of depositors seeking money for emergencies ANI | Updated: Jan 18, 2021 14:11 IST
New Delhi [India], January 18 (ANI): The Delhi High Court on Monday directed the administrators of Punjab and Maharashtra Co-operation (PMC) Bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies.
The court also directed the petitioner to submit the list of depositors before administrators, which included medical and educational emergencies within three weeks.
The Bench of Justice DN Patel and Justice Jyoti Singh said, We direct the depositors to approach the administrators of PMC Bank giving the need in detail, for which they would require the money. Administrator to decide within two weeks. They would inform the decision through an affidavit.