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HDFC BANK LTD v. KAMATH JYOTSNA JAYACHANDRA

Court: High Court of Kerala

Bench: HONOURABLE MR. JUSTICE M.A.ABDUL HAKHIM

Judgment date:

Case summary

High Court of Kerala judgment dated 2025-04-10. HDFC BANK LTD v. KAMATH JYOTSNA JAYACHANDRA. Read the judgment and case details on LawSphereX.

Judgment text

1 2025:KER:31208 IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE M. A. ABDUL HAKHIM TH THURSDAY, THE 10 DAY OF APRIL 2025 / 20TH CHAITHRA, 1947 RSA NO. 577 OF 2023 AGAINST THE JUDGMENT DATED 28. 01. 2023 IN AS NO. 63 OF 2020 OF ADDITIONAL DISTRICT COURT - VIII, ERNAKULAM ARISING OUT OF THE JUDGMENT DATED 30. 11. 2019 IN OS NO. 285 OF 2017 OF II ADDITIONAL MUNSIFF COURT, ERNAKULAM ST APPELLANT/APPELLANT/1 DEFENDANT: HDFC BANK LTD SUDHAS BUILDING, GROUND FLOOR, MADHAVA PHARMACY JUNCTION, KOCHI- - 682035 REPRESENTED BY ITS MANAGER BY ADVS. R. S. KALKURA M. S. KALESH HARISH GOPINATH P. I. NAJUMAL HUSSAIN ND RESPONDENTS/RESPONDENTS/PLAINTIFF 1 & 2 & 2 DEFENDANT: 1 KAMATH JYOTSNA JAYACHANDRA AGED 32 YEARS D/O. RAYA KAMATH JAYACHANDRA KAMATH, RESIDING AT XL/6503, T. D. ROAD, NORTH END, KANAYANNUR TALUK, ERNAKULAM, COLLEGE P. O. , COCHIN-682 035 AT PRESENT RESIDING AT 3, PAINTED GROVE CT.

MISSOURI CITY, TEXAS-77459, REPRESENTED BY HER POWER OF ATTORNEY HOLDER JAYACHANDRA KAMATH, AGED 69 YEARS, S/O. RAYAKAMATH, RESIDING AT XL/6503, T. D. ROAD, NORTH END, KANAYANNUR TALUK, ERNAKULAM, COLLEGE P. O. , COCHIN, PIN - 682035 2 2025:KER:31208 2 JAIRAM, JAYACHANDRA KAMATH AGED 28 YEARS S/O. RAYAKAMATH JAYACHANDRA KAMATH, RESIDING AT XL/6503, T. D. ROAD, NORTH END, KANAYANNUR TALUK, ERNAKULAM, COLLEGE P. O. , COCHIN-682 035 AT PRESENT RESIDING AT 3, PAINTED GROVE CT. MISSOURI CITY, TEXAS-77459, REPRESENTED BY HER POWER OF ATTORNEY HOLDER JAYACHANDRA KAMATH, AGED 69 YEARS, S/O. RAYAKAMATH, RESIDING AT XL/6503, T. D. ROAD, NORTH END, KANAYANNUR TALUK, ERNAKULAM, COLLEGE P. O. , COCHIN, PIN - 682035 3 KRITHIKA KAMATH AGED 27 YEARS D/O. SURESH KAMATH, FLAT NO. A1 EXPRESS TOWERS, KALOOR, KANAYANNUR TALUK, ERNAKULAM DISTRICT COCHIN, PIN - 682017 ADDL. R4 SUDHAKARA SHENOI. V PANACHICKAL HOUSE, CMC 28, T. D. WARD, CHERTHALA, CHERTHALA NORTH, PART KALAVAMKODAM, ALAPPUZHA -688524.

(ADDITIONAL RESPONDENT NO. 4 IS IMPLEADED AS PER THE ORDER DATED 19. 08. 2024 IN IA. NO. 1/2024) BY ADVS. R2 - SAHASRANAMAN PB T. S. HARIKUMAR(K/782/1989) R3 - REJI GEORGE ANUPAMA JOHNY(K/000498/2004) SAISANKAR. S(K/002188/2021) JOSEPH RAJU MATHEWS(K/002036/2024) R4 - ASHOK SHENOY B P. S. GIREESH(K/341/2013) SALIH P. A. (K/422/2020) THEJALAKSHMI R. S. (K/001390/2022) UMASANKER U. U. (K/002793/2023) THIS REGULAR SECOND APPEAL HAVING COME UP FOR ADMISSION ON 10. 04. 2025, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: 3 2025:KER:31208 JUDGMENT st 1. Appellant Bank is the 1 defendant in the suit. The respondents nd 1 and 2 are the plaintiffs, the respondent 3 is the 2 defendant. Additional respondent 4 is not party to the suit. He was impleaded in this appeal for a fair disposal of the appeal. 2. One Sreedevi. S. Kamath died on 27. 03. 2016. She had several deposits in the appellant - Bank. She had executed Ext. A3 Will dated 31. 01.

2009 with respect to her properties including the rd deposits in the appellant-Bank. As per Ext. A3 Will, the 2/3 of the deposits in the appellant-Bank shall go to respondents rd 1 & 2 and 1/3 of the deposits shall go to the respondent 3. The respondent No. 4 is the nominee in some of the deposits of Sreedevi. S. Kamath in the appellant Bank. 3. The respondents 1 and 2 filed the suit seeking mandatory rd injunction to the appellant bank to disburse 2/3 of the deposit amounts to the plaintiffs. 4. The Trial Court decreed the suit in part directing the appellant Bank to disburse 2/3rd of the deposits, which are shown in the 4 2025:KER:31208 plaint. The appellant Bank filed the Appeal before the First Appellate Court stating that two of the deposits were released even before the decree. The said Appeal was dismissed. Thereafter this Regular Second Appeal is filed. 5. Since there is quite confusion with respect to the number of deposits of Sreedevi. S.

Kamath in the appellant Bank, as directed by this Court the appellant Bank filed Affidavit dated 03. 02. 2025 disclosing eight items of deposits. The Table containing the details of the said 8 items of deposits incorporated in the said Affidavit is extracted hereunder. Fixed Name of Nominee Nominee Updation FD Balance in Rs Closure amount in No. Closure date Deposit/Saving Date Rs as per death Account No. claim register 1 14-10-2012 na na 15114410002776 Jairam J Kamath 23,96,211. 31 2 14-10-2012 na na 15114410002783 Nikhil Shenoy 23. 92. 946. 79 3 Jayachandra 14-10-2012 na na 15114410002801 23,90,769. 65 Kamath 23,89,043. 63 4 Nandakumar 14-10-2012 na na 15114410002818 Shenoy No 5 NA na na 50300083548740 222,675. 20 5 2025:KER:31208 No 2,16,475. 20 6 NA na na 50300122553808 7 SUDHAKARA 14-10-2012 Closed 27-07-2016 15114410002766 15,46,385. 21 SHENΟΙ 8 SUDHAKARA 14-10-2012 Closed 01-07-2016 15111930001880 4786412. 11 SHENΟΙ 6. As per the said Affidavit, Item Nos.

7 and 8 Accounts in the aforesaid Table were closed releasing the amounts to the respondent 4 who is the nominee of the said Accounts on 27. 07. 2016 and 01. 07. 2016 respectively. The remaining 6 deposits are still available with the appellant- bank. 7. During the pendency of this Appeal, the claim of respondents 1 & 2 and the respondent 3 against the respondent 4 nominee is settled with respect to item Nos. 7 & 8 deposits. I. A. No. 2/2025 is filed as a Compromise Petition signed by the respondents 1, 2 and 4 in this regard. I. A. No. 2/2025 can not be treated as a Compromise Application as the said Application is not signed by the appellant and the respondent 3. But it is seen that respondent No. 4 has paid Rs. 53,00,000/- to the 6 2025:KER:31208 respondents 1 & 2 as per two Cheques Nos. 000008 and 000009 dated 26. 03. 2025 of the HDFC Bank Ltd, Pallippuram Branch, Cherthala for Rs. 26,50,000/- each in their separate names as a settlement of the claim with respect to Item Nos.

7 & 8. The respondent 3 has filed a Memo dated 09. 04. 2025 signed by her and her counsel stating that she has received 1/3 share of the aforesaid Item Nos. 7 and 8 deposits, and she has no further claims with respect to those two deposits. The Counsel for the respondents submitted that the issue with respect to item No. 7 and 8 deposits are settled among them and there would not be any claim whatsoever to the appellant Bank in respect of Item Nos 7 & 8 deposits. 8. With respect to the other six items of deposits, the said deposits are still available with the Bank. The respondents 1 & 2 and the third respondent can claim the said deposits on the strength of Ext. A3 Will. The said deposits are not the subject matter of this appeal. 9. Since the grievance of the appellant Bank in this appeal is with 7 2025:KER:31208 respect to Item Nos.

7 and 8 deposits, such grievance does not survive as the respondents have settled their dispute with respect to the amounts withdrawn by respondent 4 from the appellant Bank. No further orders are required in this Appeal. Hence, recording the settlement of the respondents and their submission that there would not be any claim whatsoever to the appellant Bank in respect of Item Nos. 7 & 8 accounts from them, this Regular Second Appeal is dismissed. Sd/- M. A. ABDUL HAKHIM JUDGE shg/xx

Source: High Court of Kerala. Dataset: Dattam Labs. CC BY 4.0. Text extracted automatically; compare with the source PDF for layout and accuracy.