A division Bench of the Chief Justice DN Patel and Justice Prateek Jalan has given time to Reserve Bank of India to file its reply and adjourned the case to January 4, 2021. The application was filed by Bejon Kumar Mishra seeking directions to include financial emergencies as a ground for depositors to withdraw their money from Punjab and Maharashtra Co-operative (PMC) Bank.
Delhi High Court bench of the Chief Justice D.N. Patel and Justice Prateek Jalan has issued a notice on a petition seeking direction to the Punjab & Maharashtra Cooperative Bank (PMC) to allow depositors to withdraw up to Rs 5 lakh for medical emergencies.
The Delhi High Court on Monday has sought the status report from Reserve Bank of India, Ministry of Finance and from the Administrator of PMC Bank (Punjab & Maharashtra Co-operative Bank Ltd.) on a petition filed by Sandeep Bhalla & other, over PMC Bank Fraud Case.