
[1] Allahabad HC pulls up SBI for recovering Rs.19.90 lacs from a widow’s fixed deposit –[2] Inputs from HT–The order records that Mishra was neither a signatory nor a consenting party to the loan and was not a co-applicant, co-borrower, guarantor, surety, indemnifier, or nominee. [3] The court, therefore, recorded that there was no privity of contract between Mishra and SBI. [4] Article from BS gives lot of information regarding nomination-will-heir etc–
