Karnataka bank is private entity, not State rules HC sahilonline.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sahilonline.org Daily Mail and Mail on Sunday newspapers.
The Karnataka High Court has held that a writ petition seeking a direction to release funds kept in Fixed Deposits with Karnataka Bank Ltd was not maintainable. A single judge bench of Justice K V.
The High Court of Karnataka rejects a writ petition against Karnataka Bank, affirming it s not a State under the Constitution, denying it statutory or public duty. The petition, seeking withdrawal of fixed deposits, stemmed from a suit over a will. The bank cited the pending lawsuit as cause for refusal, prompting the petitioner s High Court appeal. The court ruled Article 226 inapplicable as the bank doesn t qualify as a State under Article 12 of the Constitution.